Performance Management at GC3 Currently, the GC3 performance management method is not engaging the employees nor is it producing lower turnover rates. GC3 needs to focus more on how to energize the employee 's performance rather than focusing on what did not work in the past. Performance management is a process that involves the employees as a team and as individuals by improving the effectiveness of the business and accomplishing the mission, vision, and the goals of the brand. The importance of the performance management system for the company is to assist in eliminating the current challenges for the organization in retention, engagement, culture, leadership pipeline, and employee learning. GC3 should structure their performance management
…show more content…
This will increase the productivity of the company and, in turn, create a more financially stable environment. The first process of the performance management cycle will involve planning. GC3 will need to evaluate their current and future goals, as well as, set expectations for each employee (OPV.GOV, n.d.). Defining their goals should include the company 's mission and vision statements, as well as, the expected outcomes of the goals. GC3 should also define how these goals, as well as, expectations, affect the company and the success of the organization. Their simple strategy of selling quality products at an affordable price should be incorporated into their mission, as well as, how quality is an important factor in the performance of their …show more content…
The 360-Degree method contradicts other methods where only one supervisor dictates performance, related skills, and abilities. On the other hand, relying on untrained personnel to provide useable feedback about other employees can negatively affect the validity and reliability of the program. Lastly, time to interview all parties involved can be a burden. To combat these weaknesses, GC3 will need to make sure their HR department is fully trained in all aspects of the 360-Degree method and has the ability and time to properly manage the program. This training will take place during the newly developed training initiatives, by the Training and Development Coordinator. Key leadership will be expected to train their subordinates on the GC3 Performance Management
This will increase the productivity of the company and, in turn, create a more financially stable environment. The first process of the performance management cycle will involve planning. GC3 will need to evaluate their current and future goals, as well as, set expectations for each employee (OPV.GOV, n.d.). Defining their goals should include the company 's mission and vision statements, as well as, the expected outcomes of the goals. GC3 should also define how these goals, as well as, expectations, affect the company and the success of the organization. Their simple strategy of selling quality products at an affordable price should be incorporated into their mission, as well as, how quality is an important factor in the performance of their …show more content…
The 360-Degree method contradicts other methods where only one supervisor dictates performance, related skills, and abilities. On the other hand, relying on untrained personnel to provide useable feedback about other employees can negatively affect the validity and reliability of the program. Lastly, time to interview all parties involved can be a burden. To combat these weaknesses, GC3 will need to make sure their HR department is fully trained in all aspects of the 360-Degree method and has the ability and time to properly manage the program. This training will take place during the newly developed training initiatives, by the Training and Development Coordinator. Key leadership will be expected to train their subordinates on the GC3 Performance Management