Podcast
Questions and Answers
What is the primary goal of performance management?
What is the primary goal of performance management?
Which type of training involves learning through hands-on experience?
Which type of training involves learning through hands-on experience?
What is the primary purpose of a training needs analysis?
What is the primary purpose of a training needs analysis?
What is the purpose of a reference check in the selection process?
What is the purpose of a reference check in the selection process?
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What is the primary benefit of employee referrals in recruitment?
What is the primary benefit of employee referrals in recruitment?
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What is the primary goal of employee relations?
What is the primary goal of employee relations?
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What is the primary benefit of regular feedback in performance management?
What is the primary benefit of regular feedback in performance management?
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What is the primary purpose of a balanced scorecard in performance management?
What is the primary purpose of a balanced scorecard in performance management?
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What is the primary benefit of internal recruitment?
What is the primary benefit of internal recruitment?
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What is the primary goal of a 360-degree feedback system?
What is the primary goal of a 360-degree feedback system?
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Study Notes
Performance Management
- Process of evaluating and improving individual and team performance to achieve organizational goals
- Key components:
- Goal setting: Establishing specific, measurable, achievable, relevant, and time-bound (SMART) goals
- Performance appraisal: Regular evaluation of employee performance against goals and standards
- Feedback: Providing constructive feedback to improve performance
- Development planning: Identifying training and development needs to improve performance
- Performance management systems:
- 360-degree feedback: Feedback from multiple sources, including supervisors, peers, and subordinates
- Balanced scorecard: Evaluating performance across multiple dimensions, including financial, customer, internal processes, and learning and growth
Training
- Process of improving employee knowledge, skills, and attitudes to achieve organizational goals
- Types of training:
- On-the-job training: Learning through hands-on experience
- Off-the-job training: Learning through courses, workshops, and conferences
- Classroom training: Learning through instructor-led training sessions
- Online training: Learning through digital platforms and resources
- Training needs analysis:
- Identifying training needs through gap analysis, performance appraisal, and feedback
- Prioritizing training needs based on organizational goals and objectives
Selection
- Process of choosing the best candidate for a job vacancy from a pool of applicants
- Selection methods:
- Interviews: Assessing candidate skills, knowledge, and fit through verbal interactions
- Psychometric tests: Assessing candidate personality, abilities, and attitudes through standardized tests
- Assessment centers: Evaluating candidate skills and behaviors through simulated work scenarios
- Reference checks: Verifying candidate work history and achievements
- Selection criteria:
- Job requirements: Matching candidate skills and experience with job requirements
- Organizational fit: Assessing candidate values and culture alignment
Recruitment
- Process of attracting and selecting candidates for job vacancies
- Recruitment strategies:
- Internal recruitment: Filling job vacancies through internal promotions and transfers
- External recruitment: Filling job vacancies through external advertising and recruitment agencies
- Employee referrals: Filling job vacancies through employee referrals and word-of-mouth
- Social media recruitment: Filling job vacancies through social media platforms and job boards
- Recruitment sources:
- Job boards: Advertising job vacancies through online job boards and platforms
- Social media: Advertising job vacancies through social media platforms
- Employee referrals: Advertising job vacancies through employee referrals and word-of-mouth
Employee Relations
- Process of managing the employment relationship between employees and the organization
- Employee relations strategies:
- Communication: Maintaining open and transparent communication with employees
- Employee engagement: Fostering a positive and productive work environment
- Conflict resolution: Managing and resolving workplace conflicts and disputes
- Employee participation: Encouraging employee participation and involvement in decision-making
- Employee relations benefits:
- Improved employee satisfaction and morale
- Increased employee retention and reduced turnover
- Enhanced organizational reputation and employer brand
- Better employee-employer relationships and conflict resolution
Performance Management
- Evaluates and improves individual and team performance to achieve organizational goals
- Key components: goal setting, performance appraisal, feedback, and development planning
- Goal setting: establishing specific, measurable, achievable, relevant, and time-bound (SMART) goals
- Performance appraisal: regular evaluation of employee performance against goals and standards
- Feedback: providing constructive feedback to improve performance
- Development planning: identifying training and development needs to improve performance
- Performance management systems: 360-degree feedback and balanced scorecard
Training
- Improves employee knowledge, skills, and attitudes to achieve organizational goals
- Types of training: on-the-job, off-the-job, classroom, and online training
- Training needs analysis: identifying training needs through gap analysis, performance appraisal, and feedback
- Prioritizing training needs based on organizational goals and objectives
Selection
- Chooses the best candidate for a job vacancy from a pool of applicants
- Selection methods: interviews, psychometric tests, assessment centers, and reference checks
- Selection criteria: job requirements and organizational fit
- Job requirements: matching candidate skills and experience with job requirements
- Organizational fit: assessing candidate values and culture alignment
Recruitment
- Attracts and selects candidates for job vacancies
- Recruitment strategies: internal recruitment, external recruitment, employee referrals, and social media recruitment
- Recruitment sources: job boards, social media, and employee referrals
- Internal recruitment: filling job vacancies through internal promotions and transfers
- External recruitment: filling job vacancies through external advertising and recruitment agencies
Employee Relations
- Manages the employment relationship between employees and the organization
- Employee relations strategies: communication, employee engagement, conflict resolution, and employee participation
- Communication: maintaining open and transparent communication with employees
- Employee engagement: fostering a positive and productive work environment
- Conflict resolution: managing and resolving workplace conflicts and disputes
- Employee participation: encouraging employee participation and involvement in decision-making
- Employee relations benefits: improved employee satisfaction and morale, increased employee retention, enhanced organizational reputation, and better employee-employer relationships and conflict resolution
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Description
Evaluate and improve individual and team performance to achieve organizational goals. Covers goal setting, performance appraisal, feedback, and development planning.