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Analysis of the effectiveness of performance management on employee performance: A case study of C bank, China Essay Example

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Analysis of the effectiveness of performance management on employee performance: A case study of C bank, China

Motivated by the economic globalization, there are sharp competition on technology, funds, and talented people in markets, in which human resources construction plays an increasingly important role. Human resources, as the most active and creative one of all the productivity elements, has become a key asset of enterprises. In this competitive environment, enterprises should change their mind of ignoring human resources, and follow the principle of putting people first to mobilize employees enthusiasm (Hough et al, 2013). Only in this way, enterprises could promote their own competitiveness. The motivation of employees is relevant to the establishment of evaluation system for their performances (Campbell and Lee, 1988). Therefore, how to reasonably locate performance-evaluation and set up an evaluation system appropriate for the environment in the company becomes a tough problem.Human resource management (HRM) is a function to be used by employers to take series of actions to control and manage the workforces, it has become a competitive advantage to motivate or discipline employees to achieve their objectives (Torrington et al. However, performance management is one of the main aspects in human resource management system, it is important to be used by employers to help them to identify employees, train and develop them to improve their performance (Heery and Noon, 2001).Employee performance management can effectively improve the management level of every administrator. In essence, Likierman (2009) noted that employee performance management is the communication between managers and employees, making the managers better pass on team objectives to staff members and reach an agreement on working contents, requirements, and end results. Rather than a superior to subordinate relationship, managers and employees are partners who share weal and woe. Employees are motivated when the goals of managers are delivered. Employee performance management can effectively improve employees’ personal quality and professional capacities. Evaluation result is the objective of the management system, but the essence of which is putting people first, emphasizing the long-term development of employees, and focusing on the improvement of employees’ professional ability and personal quality (Raynor & Ahmed, 2013).Based on performance management, employees firstly

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preview essay on Analysis of the effectiveness of performance management on employee performance: A case study of C bank, China
  • Pages: 52 (13000 words)
  • Document Type: Essay
  • Subject: Marketing
  • Level: Undergraduate
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