Human resources Essay Example | Topics and Well Written Essays - 1250 words - 2

Human resources - Essay Example One tool for monitoring performance management is  performance appraisal. For organizations, performance management is usually known as company performance and is monitored through business appraisal. [Performance Management. (2009). In  BUSINESS: The Ultimate Resource. Retrieved from http://www.credoreference.com/entry/ultimatebusiness/performance_management] What value does Performance Management have for an organization? For the organization, Performance Management’s is beneficial as it facilitates the organization’s capacity to deliver strategic and operational goals which can be translated to a growth in sales, reduction of costs, and increased operational efficiency. It also provides the employee a clear understanding of how meeting target performance adds value to the organization’s strategic goals. What value for an individual? For an individual, Performance Management is beneficial as it creates an environment that motivates employees to be at its be st. Through Performance Management, employees are also able to know how much and how they are contributing to the growth of the organization. And as the employees contribute to the growth of the organization, Performance Management provides the incentive structure by which employees are rewarded for achieving if not exceeding their goal in the organization. 2. What is meant by the term Business Behavior? What are the unbreakable behavior laws? Why is behavior considered the key to quality? What is meant by the term Business Behavior? Business behavior â€Å"underlies what employees choose to do (quality and/or quality), how much effort they will put into accomplishing the task, and how long they will put into accomplishing it†. (Steven Stralser, Phd. MBA in a Day: what you would learn in top tier schools (if you only had the time!) John and Wiley and Sons Incorporated, Hoboken, New Jersey, Published simultaneously in Canada. E-book. P. 20 What are the unbreakable behavior law s? Unbreakable behavior laws are the inviolable laws of business conduct that was drafted to align processes and employee activities within the organization to ensure that behavior will be in consonance to the company’s strategic and long-term goals. They are the set of performance expectations from employees that is tied up with the over-all organizational goal. Why is behavior considered the key to quality? Business Behavior is key to quality because it determines how an employee will perform. If behavior is desirable and consistent to Performance Plan, such behavior will translate not only quality but also greater efficiency. While an underperforming behavior will undermine not only the particular employee’s performance but also the organization as a whole. 3. What is pinpointing? How does pinpointing apply to performance management? What is meant by â€Å"the right† pinpoint? What value does pointing have in managing performance? What is pinpointing? Pinpoin ting is being specific about target performance and communicating it clearly to the employees. It includes defining the drivers that measures performance that will add value to organizational goa