BSBHRM404 DEVELOP AND MANAGE PERFORMANCE-MANAGEMENT PROCESSES
Appendix 2 – Performance Management Plan
Purpose |
|||
To achieve the organizational strategic planning To provide employees clear career path To maintain competitive advantage in today’s dynamic economic environment |
|||
Key Organisational Strategic Objectives |
|||
Maintain or increase market share |
|||
Control direct and indirect operational costs |
|||
Maintain superior product and service quality standards |
|||
Key Performance Management Objectives |
|||
To set a clear direction in accordance with organisation strategic objectives |
|||
Reduce employee turnover by 5% by year end while maintaining a high level of internal talent |
|||
To ensure employee’s job responsibility |
|||
to be known for high customer satisfaction and superior service. |
|||
Requirements |
|||
· PMP requires the leadership team to define a performances target · PMP requires Team and staff to analyse the data to determine how much progress they are making towards achieving their target · Guidance should be provided on an ongoing basis throughout the year |
|||
Action Plan |
|||
Action |
Resources |
Strategy |
Timelines |
Offer competitive pay and benefits to reduce employee turnover |
HR Department |
Show career path |
Continuously |
Increase business sales and grow market share by 10% a year over the next 3 years. |
Sales and operational staff |
Need to conduct solid market research to make sure that the products are viable |
3 years |
Conducting formal review and feedback using performances appraisals |
Performances appraisals, review and feedback sheet |
Focus on what the person’s action and also ask for the employees view |
Every three months |
Employee: (insert employee’s name here)
Role: (insert employee’s role here)
Date: (insert date here)
Tasks/responsibilities |
Key outcomes |
Actual Performance |
(List the tasks and areas of responsibilities relevant to the position here) |
(Describe what doing the job well looks like here) |
(Comments on performance as at review dates here) |
Employer Signature:
Employee Signature:
The following development needs have been discussed and agreed to be undertaken over the next <number of> months.
Areas for development |
Actions |
(Insert tasks, skills or behaviours that following discussions are agreed to require development here) |
(Insert activities that will assist in development. They could be class training at TAFE, on-the-job training, coaching from someone with the required skill here) |
Employer Signature:
Employee Signature:
Urgenthomework helped me with finance homework problems and taught math portion of my course as well. Initially, I used a tutor that taught me math course I felt that as if I was not getting the help I needed. With the help of Urgenthomework, I got precisely where I was weak: Sheryl. Read More
Follow Us