Remember: Performance management, according to your textbook, is “a continuous process of identifying, measuring, and developing the performance of individuals and teams and aligning performance with strategic goals of the organization” (p. 2). Performance management systems will vary from company to company. Different combinations of approaches are used to maximize the potential that employees will have on a company. A partial list of approaches to achieve the objectives of the performance management system is mentoring, executive coaching, training, performance evaluation, and/or leadership development.Therefore, the performance management plan you develop for this assignment is to encompass several approaches that will meet the needs of your company. Do not only complete the performance appraisal — this is merely a piece of the larger whole. Resource: Aguinis, H. (2019). Performance management (4th ed.). Chicago Business Press. ISBN: 9780998814087.
Write a 7- to 10-page paper outlining your performance management plan. Be sure your description of the organization includes the following. Cite all resources according to the APA GuidelinesLinks to an external site.. Use at least 5-10 outside resources.
Mission
Vision
Goals
An analysis of the current performance management system
A plan to improve the current system, including:
Objectives
Goals
Performance measures
Communication plan
Appeals process
Training program for raters
Pilot testing plan
Plan to evaluate the new system
Relationship between the performance management plan and organization’s financial goals
Ask yourself the following questions when you complete your assignment but before you upload your paper:
Have the mission, vision, and goals of the organization been succinctly described?
Have you performed an adequate analysis of the current performance management system?
Has the plan to improve the current system and all its components been articulated and supported appropriately?
