Department of Management Science

Permanent URI for this communityhttps://repository.cuilahore.edu.pk/handle/123456789/20

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Subject: search.filters.subject.Performance Management System

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    Critically analyzing the Performance Management System (Millat Equipment Limited)
    (Library Information Services, COMSATS University Islamabad, Lahore Campus, 2020) Javeria Ishaq; FA17-BBA-075; LHR TP 6755; ANIQA REHMAN
    Performance management is the process of communication between the manager and an employee for the accomplishment of strategic objectives in the organization. Effective performance management is important to businesses. Performance of an employee is related to the activities and behaviors that they adopt in their jobs. After selection, the first thing managers do is to assess the performance of employees in the organization and getting the results called performance evaluation. Managers need to understand the benefits of employee’s performance so that they can develop consistent methods for evaluating the employees. The success of organization depends on the employee’s performance and without this organizations can’t achieve their goals and objectives. Performance evaluation helps the managers to determine every employee performance level. The important factor in employee performance is to achieve the organizational goals.
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    Role of Performance Management System in enhancing employees’ productivity and satisfaction
    (Library Information Services, COMSATS University Islamabad, Lahore Campus, 2020) Aiman Khan; SP17-BBA-037; Waseem Anwar
    Human Resource Management is the focal point for any organization as it is one of the resources of gaining competitive advantage. The central purpose of this project is aimed to verify and analyse the role of Performance Management System in enhancing employees’ productivity and satisfaction. My inspection is basically based on the internal and external environmental analysis of the organizations i.e. SWOT, PESTEL, and competitors analysis techniques as these are the modern tools for evaluating any organization. Aspects that were investigated included planning, implementation, appraisal, feedback, and reward. Recommendations included setting of clear, realistic goals for individuals as well as for the teams, having regular review discussions on performance with employees, providing regular constructive feedback and reward system should be linked to the results of the appraisal i.e. there should be a contingent pay plan which is fair and just.