Podcast
Questions and Answers
What is the primary purpose of performance management systems in an organization?
What is the primary purpose of performance management systems in an organization?
- To increase employee turnover
- To create a new job role
- To decrease recruitment costs
- To assess and reward employee behavior (correct)
Strategic direction can determine which aspect of a company's operations?
Strategic direction can determine which aspect of a company's operations?
- The layout of the office space
- Focus areas for research and development spending (correct)
- The number of employees hired
- Types of employee benefits offered
What is a necessary component of a personal development plan?
What is a necessary component of a personal development plan?
- Approval from a manager (correct)
- No specific personal goals
- A previous performance review
- A summary of company policies
Which of the following is critical when managing organizational change?
Which of the following is critical when managing organizational change?
What can self-assessment tools help employees evaluate?
What can self-assessment tools help employees evaluate?
Why is it important for goals to be specific, measurable, and attainable?
Why is it important for goals to be specific, measurable, and attainable?
Which of the following does not influence an organization's capability to provide critical services?
Which of the following does not influence an organization's capability to provide critical services?
What should an organization's strategic HR department focus on when setting goals?
What should an organization's strategic HR department focus on when setting goals?
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Study Notes
Linkage of Performance Management with Other HR Functions
- Strategic HR decisions create competency standards for every job role, guiding the performance management systems.
- Performance management systems are utilized by managers to evaluate and reward employee behavior based on these competency models.
- Strategic HR management encompasses recruitment, interviewing, hiring, and employee development to align with company goals.
- A clear connection between performance management and strategic planning ensures alignment between daily operations and the organization's vision.
Setting Organizational Goals
- Organizations outline goals and objectives during strategic planning, focusing on industry trends like cloud computing, data security, and global markets.
- Strategic direction influences budgets for research and development, impacting HR's ability to attract and retain skilled personnel.
Defining Personal Development Goals
- Employees align personal development goals with organizational needs to enhance skills.
- Strategic HR can offer self-assessment tools to help employees evaluate attributes like accountability and customer-centric behavior.
- Identifying performance gaps leads to the establishment of specific, measurable, attainable, realistic, and time-bound goals.
- Employees submit development plans for managerial approval before pursuing their goals.
Managing Change
- Organizations must assess workforce capabilities against a defined competency model that includes both technical and professional skills.
- Transitioning to new processes and technologies necessitates expertise in change management.
- Performance management can help identify individuals capable of leadership roles to guide others in achieving strategic objectives.
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