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LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024 R45,60   Add to cart

Exam (elaborations)

LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024

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LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024

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  • July 21, 2024
  • 6
  • 2023/2024
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LGL3702 Assignment 1
Semester 2 2024 - DUE
6 September 2024




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, LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024




Fully analyse the purpose of a performance management system. In your answer you

should describe how a performance management system is established and developed.

Performance management systems (PMS) are crucial for organizations aiming to

optimize employee performance and achieve strategic goals. This analysis will delve

into the purpose of a PMS, its establishment, and its development.

Purpose of a Performance Management System

The primary purpose of a performance management system is to align individual

performance with organizational goals. It serves several key functions:

1. Goal Alignment: Ensures that employees' objectives are in line with the

company's strategic goals.

2. Performance Measurement: Provides a systematic approach to evaluating

employee performance against predefined criteria.

3. Feedback and Development: Facilitates regular feedback and professional

development, helping employees improve and grow.

4. Recognition and Rewards: Identifies high performers and ensures they are

rewarded appropriately, which can boost morale and motivation.

5. Employee Engagement: Enhances engagement by clarifying expectations,

providing regular feedback, and involving employees in goal setting.

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