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Assignment directions:
This assignment is a Performance Management Audit. Locate a business near where you live that is willing to let you conduct a Performance Management Audit. Use the material from units 1 and 2 of the textbook.
- Learn if the business has a performance management system -- formal or informal.
- Find out form senior managers how performance is measured.
- Interview an employee about the employee''s experience with the business'' performance management system.
- Evaluate performance measures for validity and reliability.
- Evaluate performance feedback loops for frequency, accuracy, and helpfulness to the employee.
- Evaluate motivation/reward systems in use to encourage performance
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The paper is about analysing the performance management system for any organization. It tries to cover how the business performance management is carried out and what is the best way to achieve the best results out of this performance management system. Moreover it is also said that these systems are reviewed on a timely basis and it also tries to analyse it from the aspect of an employee to know how he feels about this system and what are the remaining items that need to be focussed on to improve the system. The paper has been prepared in Microsoft Office.
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