Performance Management

1294 Words3 Pages

Title

Organizational Analysis

Executive SummaryIn order to measure an organization’s success in meeting or achieving its strategic objectives is to evaluate the performance of its employees. If it is to be effective or of substantial value to the organization, it needs to be systematic and purposeful. In this organizational analysis I would like to explorer the performance management performed at the organization I am part of and suggest improvement to enhance the process to achieve better results. I will also explore the stressful environment performance evaluation creates and suggest ideas to enhance the experience to achieve positive results. The company I am part of is a financial technology solution company. Organizational Analysis The organization I am part of utilizes SMART as a guide for performance evaluations. SMART stands for Specific, Measurable, Attainable, Realistic and Time bound. Evaluations are performed every six months. The employees and their direct manager are to get together after both have completed a document provided by the organization. The employees are expected to fill out the document and submit it to the manager who then fills his portion of the assessment and then reviews the document with the employees. Normally the document is expected to be filled out with the team’s overall goal that has been set by the Executives or the department leaders along with the values of the company established by the corporate. The employees also have a section to rate themselves in several areas explained and the manager will also provide their view as to where you stand according to them. During the course of the performance evaluation goals are set for each employee to achieve. In most cases ...

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... between the manager and the employee should be encouraged.Conclusion Performance evaluations are very important for companies to lay out expectations, set goals and standards, have a formal discussion with all employees and set everyone on the same page. In order to make the experience better for both the organizations and its employees, proper approach is critical. Organization can benefit from providing clear goal oriented feedback to make progress against and the employees will benefit from knowing if the path they are in is leading them and the organization they invest their time into in the right direction. Furthermore, if the employees are less anxious and see it as a benefit they will be more engaging and proactive in the way they approach the evaluation. Focusing on a better performance evaluation overall can only lead to a more productive environment.

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