Podcast
Questions and Answers
What is the primary purpose of the final review meeting between a direct report and their line manager?
What is the primary purpose of the final review meeting between a direct report and their line manager?
- To review performance against agreed objectives. (correct)
- To set new objectives for the upcoming year.
- To discuss potential promotions and rewards.
- To finalize training opportunities for the following year.
When do ongoing conversations about performance take place?
When do ongoing conversations about performance take place?
- Only during the final review meeting.
- Only in January and December.
- After the final review meeting.
- Throughout the calendar year. (correct)
What may happen during the interim review of performance?
What may happen during the interim review of performance?
- Training development is no longer discussed.
- Corrective action may be taken. (correct)
- Objectives are permanently changed.
- Rewards and promotions are finalized.
In which scenario would a line manager likely set new objectives?
In which scenario would a line manager likely set new objectives?
What is included in the planning performance section?
What is included in the planning performance section?
During which months do final review meetings typically occur?
During which months do final review meetings typically occur?
What does actioning development plans involve?
What does actioning development plans involve?
What might a line manager provide feedback on during performance management?
What might a line manager provide feedback on during performance management?
What is one of the primary purposes of performance management?
What is one of the primary purposes of performance management?
Which component is NOT typically involved in performance management?
Which component is NOT typically involved in performance management?
Which of the following best describes the 'S' in SMART objectives?
Which of the following best describes the 'S' in SMART objectives?
How does performance management aim to improve employee performance?
How does performance management aim to improve employee performance?
What does the term 'cascading objectives' in performance management refer to?
What does the term 'cascading objectives' in performance management refer to?
What does the 'M' in SMART objectives refer to?
What does the 'M' in SMART objectives refer to?
What aspect is covered by the 'A' in SMART objectives?
What aspect is covered by the 'A' in SMART objectives?
Why is motivation considered a key factor in performance management?
Why is motivation considered a key factor in performance management?
Which of the following describes a characteristic of successful performance management systems?
Which of the following describes a characteristic of successful performance management systems?
In the context of SMART objectives, what does 'R' signify?
In the context of SMART objectives, what does 'R' signify?
What does 'T' imply in the SMART framework?
What does 'T' imply in the SMART framework?
In the context of underperformance, which factor is frequently identified as a contributor?
In the context of underperformance, which factor is frequently identified as a contributor?
Which hierarchy correctly illustrates the cascading of objectives?
Which hierarchy correctly illustrates the cascading of objectives?
What is a primary goal of setting individual and team goals within performance management?
What is a primary goal of setting individual and team goals within performance management?
Why is objective-setting important in performance management?
Why is objective-setting important in performance management?
Which feature would NOT be considered a characteristic of SMART objectives?
Which feature would NOT be considered a characteristic of SMART objectives?
What is the primary focus of performance management?
What is the primary focus of performance management?
Which of the following activities is part of the performance management process?
Which of the following activities is part of the performance management process?
What model includes a feedback loop as part of performance management?
What model includes a feedback loop as part of performance management?
Which of the following should NOT be a goal of performance management?
Which of the following should NOT be a goal of performance management?
Which activity is associated with managing employee performance?
Which activity is associated with managing employee performance?
What is the ultimate aim of performance management in an organization?
What is the ultimate aim of performance management in an organization?
What should organizations focus on if employees do not meet performance targets?
What should organizations focus on if employees do not meet performance targets?
Which of the following is NOT part of key HRM activities related to performance management?
Which of the following is NOT part of key HRM activities related to performance management?
Why is it important to offer rewards for employees in performance management?
Why is it important to offer rewards for employees in performance management?
What does effective performance management ultimately help to sustain in an organization?
What does effective performance management ultimately help to sustain in an organization?
Flashcards
Performance Management
Performance Management
A process where individuals set goals for the year and receive regular feedback and support from their managers.
Planning Performance
Planning Performance
Discussions held between an employee and their manager to set individual objectives and expectations for the year.
On-going Conversations
On-going Conversations
Regular conversations throughout the year where progress towards objectives is reviewed and feedback is provided.
Final Review
Final Review
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Interim Review
Interim Review
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Actioning Performance
Actioning Performance
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Learning & Development
Learning & Development
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Decisions & Actions
Decisions & Actions
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Performance Management (PM)
Performance Management (PM)
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Superior Employee Performance
Superior Employee Performance
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Employee Underperformance
Employee Underperformance
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Factors Contributing to Underperformance
Factors Contributing to Underperformance
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Strategic HRM Model
Strategic HRM Model
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Cascading Objectives
Cascading Objectives
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Performance Management Process
Performance Management Process
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Alignment of Objectives
Alignment of Objectives
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What is Performance Management?
What is Performance Management?
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What is the Fombrun, Tichy and Devana Model?
What is the Fombrun, Tichy and Devana Model?
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What does Performance Management involve?
What does Performance Management involve?
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What is 'Attract and Select' in strategic HRM?
What is 'Attract and Select' in strategic HRM?
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What does 'Induct, train, appraise and develop' involve in strategic HRM?
What does 'Induct, train, appraise and develop' involve in strategic HRM?
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What does 'Provide an internal career system' involve in strategic HRM?
What does 'Provide an internal career system' involve in strategic HRM?
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What does 'Sustain the culture' involve in strategic HRM?
What does 'Sustain the culture' involve in strategic HRM?
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What does 'Offer relevant incentives and rewards' involve in strategic HRM?
What does 'Offer relevant incentives and rewards' involve in strategic HRM?
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What are two types of Performance Management?
What are two types of Performance Management?
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What does a typical Performance Management process look like?
What does a typical Performance Management process look like?
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What are SMART objectives?
What are SMART objectives?
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What is cascading of objectives?
What is cascading of objectives?
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What does 'Specific' mean in SMART objectives?
What does 'Specific' mean in SMART objectives?
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What does 'Measurable' mean in SMART objectives?
What does 'Measurable' mean in SMART objectives?
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What does 'Achievable' mean in SMART objectives?
What does 'Achievable' mean in SMART objectives?
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What does 'Relevant' mean in SMART objectives?
What does 'Relevant' mean in SMART objectives?
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What does 'Time-framed' mean in SMART objectives?
What does 'Time-framed' mean in SMART objectives?
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Study Notes
Human Resource Management (HRM) - Performance Management
- HRM is about managing employee performance.
- Performance Management (PM) is a continuous process linking employee performance, motivation, individual goals, departmental purpose, and organizational objectives.
- PM includes recruitment, induction, training, development, reward management, and termination procedures.
- PM is intended to enhance individual and organizational performance.
Questions
- What factors drive superior employee performance?
- What are the characteristics of poor performance by an employee?
- What factors contribute to employee underperformance?
Defining Performance Management
- Performance Management (PM) is a continuous process linking employee performance, motivation, and organizational objectives.
- PM encompasses central HRM issues. It covers recruitment, induction, training, development, and reward management, up to and including termination.
Overview of Performance Management
- A cyclical process of planning, reviewing, and acting upon employee performance, which is linked to individual and organizational objectives
- Feedback and continuous discussions are crucial to progress.
Model of Strategic HRM and Performance Management
- The "Fombrun, Tichy, and Devana Model" outlines a cyclical approach to employee performance management. This model highlights factors impacting and improving performance, including selection, performance, appraisal, and reward.
- Selection, performance, and feedback loops are critical to the process.
- Training is another crucial element to improve employee performance (part PM).
Key HRM Activities
- Includes activities from attracting and selecting suitable employees.
- Training and developing staff in line with organizational needs. Ensuring appropriate reward structures and career development pathways.
- Crucial for ensuring the right people are in the right roles, developing their performance, managing and supporting their work, and recognizing employee commitment.
Cascading of Objectives
- Objectives cascade from board level to individual level (through functional, departmental, and team levels).
- This ensures alignment between organizational strategy and individual employee goals.
- 'SMART' objectives are used. (Specific, Measurable, Achievable, Relevant, Time-bound)
Cascading of Objectives - Example
- A visual representation of objectives cascading down the organizational hierarchy (e.g., Board, Functional Level, Department Level, Team Level, Individual Level).
- The figure demonstrates the flow of objectives and feedback within the organization.
Objective Setting in Performance Management
- SMART objectives (Specific, Measurable, Achievable, Relevant, Time-bound) are crucial in the context of effective performance management.
- Clear, specific goals are essential to guide employee efforts within the organization's overarching strategy.
- Effective objectives align individual goals with corporate objectives.
Performance Management Process
- A typical formal and ongoing performance management process involves several key stages.
- Planning performance objectives, regularly reviewing progress, and acting on feedback.
- Managing learning and development through employee feedback and knowledge gaps.
- Providing opportunities for career development and advancement and reward based on achievement of objectives within the organization.
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Description
Test your knowledge on Human Resource Management, specifically focusing on Performance Management. This quiz covers key concepts such as factors influencing employee performance, characteristics of underperformance, and the overall relevance of performance management in organizations. Challenge yourself and understand how these elements contribute to individual and organizational success.