Week 8 Flashcards
Performance Management
activities/meeting to improve employee performance, productivity, effectiveness
Performance management activities (4)
goal setting, training and development, career management, disciplinary action
3 Major Purposes of Performance Management
- Align employee actions with strategic goals
- culture change
- development and compensation
Performance Management Process. (5)
- Define Performance Expectations
- feedback and coaching
- performance appraisal and evaluation discussion
- Determine performance rewards/consequences
- Conduct development and career opportunity discussion
- Define Performance Expectations
employees understand how work contributes to business results
Task Performance
Direct contribution to job-related processes
Contextual Performance (3)
- indirect contribution to organizations social responsibility values
- positive attitude & take initiative
- go beyond job description
- Provide Ongoing Coaching and Feedback - managers
managers communicate change strategies and objectives
- Provide Ongoing Coaching and Feedback - Employees
employees monitor own performance and ask for help
- Conduct Performance Appraisal and Evaluate Discussion: Performance as… (2)
1.Effort/Behaviour
2. Results
Performance as Effort/Behavior (4)
Fits____jobs
Monitoring ____ ________
____ective
behaviour monitoring?
Fits many jobs
monitoring costs high
subjective
bad behaviour curbed
Performance as Results (4)
Fits jobs with ____
Monitoring ____ ________
____ective
behaviour monitoring?
Fits jobs with output
Monitoring costs low
objective
behaviour hard to control
Formal Appraisal Method - Graphic Rating Scale (2)
- simple and most popular
- traits vs performance scale rating
Formal Appraisal Method - Alternation Ranking Scale process
On characteristic measured:
First, choose highest and lowest
then,
choose next highest and next lowest
then,
alternate between high and low until all employee rated have been ranked
Formal Appraisal Method - Paired Comparison Method process (3)
- each trait list all possible pairs of employees
- each pair +: higher ranked, - : lower ranked
- rank by + scores
Formal Appraisal Method -Forced Distribution Model
Predetermine percentages of rates placed in various performance categories
GE’s Bell Curve distribution:
1. Top 10-20 percent
2. Bottom 10 Percent
3. Remaining 70-80%
- exceed expectations, highest compensation, advancement
- not meeting expectations, focus on coaching, improvement vs termination
- Backbone of workforce, moderate compensation, development
Forced Distribution Advantage and Disadvantage
- Advantage: effort and resource for top performers, motivative employees for bonuses or pay
- disadvantage: demotivating when large portion of workforce is at or below average
Formal Appraisal Method: Critical Incident Method
record of good or undesirable employee work behaviour -> correct deficiencies