100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Summary HRM3706 SUMMARISED NOTES $8.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. ACE Health And Wellness Coach Certification
  4.  
  5. ACE Health and Wellness Coach Certification

Exam (elaborations)

Summary HRM3706 SUMMARISED NOTES
 11 views  0 purchase
  • Course
  • ACE Health and Wellness Coach Certification
  • Institution
  • ACE Health And Wellness Coach Certification

Summary HRM3706 SUMMARISED NOTES

Preview 4 out of 36  pages

Document information

  • June 18, 2024
  • 36
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • summary hrm3706 summarised notes

Written for

  • ACE Health and Wellness Coach Certification
  • ACE Health and Wellness Coach Certification

Seller

avatar-seller
Denyss

Content preview

Jeremiah




HRM3706 – PERFORMANCE MANAGEMENT - NOTES

MODULE SUMMARY INFORMATION



- Steps when answering questions about a case study
1. Identify the problem
2. Identify the causes of the problem
3. Develop alternative solutions
4. Select the best alternative
5. Develop a strategy (action plan)

- Modules outcomes
1. Demonstrate the ability to explore a shift from performanc e appraisals to performanc e
management
2. Demonstrate a comprehensive knowledge base of an insight into the dynamic s and
challenges related to designing and implementing an integrated performanc e
management system in organisations
3. Demonstrate the ability to explore performanc e management in the organisational
context
4. Design a performanc e management system that incorporates individuals and teams
5. Critically synthesise the strategic nature of performanc e management




TOPIC 1 (ONE)

,- 1-

, 4. design an employee developmental plan in accordance with a specific job
position




Study Unit 1 (ONE) – Performance Management in Context


- Learning Outcomes
After completing this Study Unit, you should be able to
1. explain the concept of performanc e management
2. distinguish between performanc e management and performanc e appraisal
3. illustrate by means of a diagram the performanc e management process
4. outline the aim and role of performanc e management in the organisation
5. explain the contributions a performanc e management system can make in the
organisation

*******************************
Learning outcome 1

Performanc e Management can be defined as:
“A continuous process of identifying, measuring and developing the performance of individuals and
teams, and aligning performance with the strategic goals of the organisation”

This definition is thus composed of 2 main components:
❖ Continuous Process: Performanc e Management is an ongoing. It involves a never ending
process of setting goals and objectives, observing performanc e and receiving ongoing
coaching and feedback. Once the end of the process is reached it starts all over again.

❖ Alignment with Strategic goals: Performanc e management requires managers to ensure
that employees’ activities and output are congruent with the organisation’s goals and
consequently help the organisation gain competitive advantage. Performanc e therefore
creates a direct link between employee performanc e and organisational goals and makes
the employee’s contribution to the organisation explicit. Performanc e management
systems that do not make explicit the employee’s contribution to the organisational goals
are not true performanc e management systems.


Performanc e Management is characterized with the following qualities:
❖ Performanc e management is an ongoing process.
❖ Organisational goals should be linked with individuals’ goals.
❖ Performanc e should be monitored and reviewed, and feedback provided.
❖ Employee development is crucial to ensure improveme nt in employee performanc e.

The Performanc e Management Process includes the following steps (Aguinis 2009 adaptation):
(refer to LO 3 – page 5 for full diagram)

❖ Prerequisites
❖ Performanc e Planning
❖ Performanc e Execution
❖ Performanc e Assessment
❖ Performanc e Review

- 2-

, ❖ Performanc e Renewal and Re-contracting


Learning outcome 2

Performance management is a forward-look ing process, taking frequent measures as work occurs and
responding to small steps forward, while performance appraisal is a back ward-look ing process of
performance, measuring what happened in the past.

According to Aguinis (2009:2), performanc e appraisal refers to a system that involves
employee evaluation once a year without any effort to provide feedback and coaching so that
performanc e can be improved. It is a systematic description of an employee’s strengths a nd
weaknesses. Performanc e management is more than just evaluating employee performanc e.
Performanc e management is an ongoing process rather than a one-off event taking place, for
instance, annually or biannually. It is a comprehensive, continuous and flexible approach to
the management of organisations, teams and individuals which involve the maximum amount
of dialogue between those concerned.

Comparisons between Performanc e Management and Performanc e Appraisal system:




- 3-

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Denyss. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $8.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$8.99
  • (0)
  Add to cart