Week 4 Flashcards
What is performance management?
Performance management encompasses all activities a firm undertakes to improve an employee’s performance
What are the steps to performance management/
- Goal setting
- Evaluation of performance
- Feedback
- Decision on rewards or punishments
What is workplace inclusion?
The feeling of feeling valued and that they belong to the organisation
What are the 3 purposes of performance managemnet
- Strategic purpose - organisation can grow if employee actions align with organisational goals
- Developmental purpose - provides employees with information on how to grow
- Administrative purpose - provides managers with information on how to reward, promote, and retain employees
What is performance appraisal?
It is the evaluation of employee performance along a set of dimensions, assigning a score, and informing employee’s of their rating
What is the traditional performance management cycle?
- Making a performance plan - organisation goals are translated into individual goals for employees
- Feedback - provide feedback on performance
- Mid-year evaluation - discuss incremental goal attainment
- Year-end evaluation - formal performance rating
what is goal-setting theory?
Setting specific, clear, and challenging goals can result in motivation to increase performance. It can direct direction, intensity, and duration of motivated action.
What are the 5 principles of goal-setting theory?
- Clarity - The goal is to be clear and specific
- Challenge - goals that are too easy may feel unimportant
- Commitment - be commited to the goal
- Feedback
- Task Complexity - break down general goal into smaller
What is the SMART Principle?
- Specific
- Measurable
- Attainable
- Realistic
- Timely
What is diversity
The differences among employees in an organisation or group.
These may be:
Underlying characteristics - vlaues, beliefs
Demographic differences
What is inclusion?
Inclusion is a state where all employees are treated fairly, valued for who they are, and feel like they belong
What are the 2 key elements of creating Inclusion?
- Belongingness - idea that the employee has a rightful place in the group
- Uniqueness - idea that employees are valued as an individual
Reasons for inclusivity
- firm wants to do what is right
- firm whats to show viable career paths
- firm wants to ensure business success
What is the key variable for inclusion?
A climate for inclusion. This is the employee’s perception of the employer’s policies focused on creating a sense of belongingness while valuing the uniqueness
What are formal policies/practices in increasing diversity?
1, Recruit and selection of targeted demographic categories. - This may be controversial and delegitimise the individual
2. Targeted leadership programs for demographics. Also has risk of deligitimisation