Advantages-disadvantages of performance management systems

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ViewNow, a growing media streaming company, has been experiencing slow growth in customer numbers and profits, but the company thinks that it can increase its overall organizational performance metrics by enhancing employee performance.

The company, ViewNow, has hired your Human Resources consulting firm to determine how it can achieve its organizational and employee performance goals. After reviewing reports on ViewNow's performance appraisal results, you determine that ViewNow can achieve its goals by transitioning from a performance appraisal system to a performance management system. As part of your role in helping ViewNow achieve its goals, you develop a presentation for senior leadership to educate and create buy-in for the transition to a performance management system.

1. Discusses the causes, rates of failure, and organizational performance consequences of ineffective performance appraisal systems.

2. Describes the advantages and disadvantages of performance management systems.

3. Justifies the discontinuance of performance appraisal systems and implementation of a performance management system to improve ViewNow's employee performance and subsequent organizational performance goals.

4. Describes how ViewNow can overcome the disadvantages of a performance management system.

5. Provides attribution for credible sources used in the presentation.

Reference no: EM133582537

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