BUS303 Week 2 Discussion 2

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Ashford University *

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bus 303

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Management

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Jul 3, 2024

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docx

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1

Uploaded by ProfessorAntelope1059

Performance management is a critical factor in the overall success of an organization. Performance appraisals give human resource management a more in-dept look at an employee’s work performance. The purpose of appraisals is to manage pay, determine job positions, provide performance feedback, and justify disciplinary actions (Youssef, 2015, pg. 6.2). There are several different appraisal methods that an organization may utilize to assess an employee’s performance. The management by objective method is a good strategy for the performance management process because it allows the employee to be involved in the goal setting process. This method sets clear goals and expectations for the employee. This can motivate the employee by allowing them to develop skills, while also holding them accountable for their own performance. According to Forbes (2021), “clear goal setting is critical to ensuring that expectations are clearly set” (para. 6). This also ensures that the employee knows that the performance process is fair. The paired comparison method evaluates an employee’s performance against other employees in the same job (Youssef, 2015, pg. 6.3). This method ensures that employees are rated fairly and without bias. Because this method evaluates employees on the same criteria, it allows management to be more objective, while also protecting the organization from discrimination claims. This method is also great as it allows managers to identify areas where employees may need training, which will improve their skills to achieve organizational goals. The 360-degree feedback method is a great method for evaluating the performance of an employee. Instead of using a single entity to assess an employee, feedback is gathered from their peers, supervisors, and sometimes customers (Youssef, 2015, pg. 6.3). The employee themselves can even provide their own feedback about their performance. Allowing employees to have multiple viewpoints on their performance ensures that the assessment is accurate regarding their strengths and areas where they need improvement. An employee’s peers can be the best source of information on an employee’s skills. This method encourages transparency and trust, while fostering better relationships between colleagues, which is essential for any organization. References Forbes (September 21, 2021). Here’s How Managers Are Making Performance Reviews Simple, Painless And Effective. https://www.forbes.com/sites/forbeshumanresourcescouncil/2021/09/09/heres-how-managers- are-making-performance-reviews-simple-painless-and-effective/?sh=5ae06d0b500 Youssef, C. (2015).  Human resource management  (2nd ed.). Bridgepoint Education.
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