Each component of performance management is important, but the components cannot be used effectively until brought together as a performance management plan.
This includes defining a system, developing appraisal instruments, explaining how instruments should be used, explaining the overall process so managers and employees know what to expect, and creating a feedback cycle and standards regarding the use of the information.
All of this gets documented, typically in the form of a procedural manual that lets all parties know what their responsibilities are as well as what to expect. In 8–10 pages, you will design and implement a performance management system and develop a letter based on the needs of the organization.
BANKS Industries is still working on changes in how it manages employee performance. It has requested a document outlining the performance management system you recommend.
Part 1: Develop a letter for the organization leaders. In 1–2 pages:
Part 2: Performance Management System. In 6–8 pages:
Your final product will be a Microsoft Word document of approximately 8–10 pages. Utilize at least five scholarly sources cited in APA format in your research. Your paper should be written in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation. Get College homework help today
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