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LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024

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QUESTIONS WITH ANSWERS LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024










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Uploaded on
July 21, 2024
Number of pages
5
Written in
2023/2024
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Exam (elaborations)
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Questions & answers

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LGL3702 Assignment 1
Semester 2 2024 - DUE 6
September 2024
QUESTIONS WITH ANSWERS

, LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024




Fully analyse the purpose of a performance management system. In your answer you should

describe how a performance management system is established and developed.

A performance management system (PMS) is a strategic approach used by organizations to

ensure employees' activities and outputs align with the organization's goals. Its purpose is

multifaceted, aiming to enhance individual and organizational performance, foster employee

development, and ensure continuous improvement. Here's a detailed analysis of its purpose,

establishment, and development:

Purpose of a Performance Management System

1. Aligning Individual and Organizational Goals:

o Ensures that employees' objectives support the broader organizational goals.

o Helps in translating the organization’s strategic objectives into individual

performance targets.

2. Enhancing Employee Performance:

o Provides a structured framework for employees to understand their roles and

expectations.

o Facilitates regular feedback, enabling employees to improve their performance.

3. Employee Development:

o Identifies individual training and development needs.

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