StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Issues and Risks of the Performance a Management System in the Merged Organization - Coursework Example

Cite this document
Summary
Business Table of Contents Issues and risks that might arise in the performance management system 3 Mitigating risks of the performance management system in the merged organization 4 Reference 6 Issues and risks that might arise in the performance management system Since, the organization is formed due to merging of two different organizations; the newly formed performance management system is likely to generate various risks or issues…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
Issues and Risks of the Performance a Management System in the Merged Organization
Read Text Preview

Extract of sample "Issues and Risks of the Performance a Management System in the Merged Organization"

Download file to see previous pages

Implementing a single performance management system would not be appropriate to measure the performance of all employees due to the differences in their competencies and skills. Since the performance management system would have its own rating parameters, there are chances that it could be fair for some individuals and unfair with some. This is because staffs perceive fairness with regards to comparisons. Employees compare inputs with one another, such as their efforts and expertise, their job performances and compensations with other employees.

Due to the disparity in skill levels and the varying levels of inputs, efforts or expertise among employees, the performance evaluating parameters would be improper indicators of actual performance levels and productivity. Some employees are likely to get overrated while some of them would remain underrated. This would appear to be unfair for staffs which would eventually render the system ineffective. It is important that the performance management system measures the different activities accurately.

If they do not, then the system results would differ from the actual results which would give its managers an inaccurate picture of the conditions of the firm and results of their decisions. All members from the two organizations might not be equally educated and updated about the use of the system. All managers might not be adept in a single technology which can cause differences in the ways they use or operate the system. This could also arouse differences they interpret results or outcomes of measurements.

Improper and inaccurate ratings can generate out of difference in assessments methods and techniques which can yield inaccurate results in the system (Markus, 2004, p.6-10). Mitigating risks of the performance management system in the merged organization Firstly, it must be ensured that parameters for measuring performance must be based on fairness and equality. The different skills, expertise and competencies of staffs must be measured through different parameters in order to yield unbiased and accurate results.

Aspects like extent of criticality of tasks, difficulty of work activities, time taken for performing a particular work activity must be considered while measuring task performances. It is essential to train staffs and employees on the new system of performance management. The first step must be to educate staffs with regards to the importance of the system and make them understand the key concepts, terminology and best practices. It is crucial to clearly set out environmental and personal factors required for delivering top performance and the importance of supervisors to facilitate a high performing work environment in the organization.

One method to eliminate discrepancies in use of parameters is to include a structured and quantitative approach. This is particularly effective in cases where the performance management is likely to be used as an input to a pay for performance scheme. Ideally, it is crucial to associate a certain weight to the job accountability and accountability in proportion to its importance and also each relevant competencies and skills if the organization wishes to reward certain behaviors. It is important to align the system with the organizational objectives and goals.

Skills which are critical for the attainment of those

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Issues and Risks of the Performance a Management System in the Merged Coursework”, n.d.)
Issues and Risks of the Performance a Management System in the Merged Coursework. Retrieved from https://studentshare.org/business/1453886-economics-module-paper
(Issues and Risks of the Performance a Management System in the Merged Coursework)
Issues and Risks of the Performance a Management System in the Merged Coursework. https://studentshare.org/business/1453886-economics-module-paper.
“Issues and Risks of the Performance a Management System in the Merged Coursework”, n.d. https://studentshare.org/business/1453886-economics-module-paper.
  • Cited: 0 times

CHECK THESE SAMPLES OF Issues and Risks of the Performance a Management System in the Merged Organization

Case study on Performance Management and Rewards

This paper tells that human resource is a crucial part of an organization since the employees are the key factors in achieving the goal of a business, hence it is essential to retain these employees within a business for a certain length of time, depending on the industry.... hellip;  This paper gives information that the employees would not only remain in an organization for remuneration purposes, the reward system hence must be highly stressed upon.... A major issue for FSC is employee recruitment procedure, it focuses more on external recruitment which has significant consequences attached to it, though new and fresh minds entering the organization would mean more ideas, it would also simultaneously have negative impact on the existing workforce, who have been in the business for long and shown their loyalty, while at the same time, an outsider would be recruited from outside to fill a higher vacant position....
12 Pages (3000 words) Essay

Merger of Two Competing Hospitals

Given the embedded diversity cultures of the merged organizations, the management team needs to do the following in order to enhance the new organization working culture.... Therefore, for the success of the merged organizations, each and everyone should be considered in decision making.... In other times, they have to work together to come up with better management policies for the merged hospitals.... hellip; The increased variety and number of consolidated hospitals, professional in the health care system have developed an interest in the system's impact on the performance of hospitals....
3 Pages (750 words) Case Study

Halecar and Mid Lans Automotive - Two Cultures Merge

?? Human… In order to ascertain continuous development, keeping at pace with industry growth, an organization should take relevant s starting from recruitment and selection of staffs to managing performance, eliminating employee dissatisfaction, bringing advancement in training and development as well as controlling issues relating to equity and diversity of the employees (Armstrong, 2012).... Hence, employees of one organization are bound to adopt the cultural practices of the other organization....
13 Pages (3250 words) Coursework

NSH Trust and the Merging Process

Presently, it is recognized by the World Health organization as one of the best health services in the world.... This has led to the formation of the panel of independent reconfiguration, which intends to arbitrate the proposals on mergers and reconfiguration in order to take out the politics in the organization's decisions (The NHS Plan 2000).... One is the target to achieve economic gains, by making the most of economies scale and scope, especially in terms of management costs....
9 Pages (2250 words) Case Study

Mergers and Acquisitions on the Market

management and employees become preoccupied with new things instead of their usual job.... The paper "Mergers and Acquisitions on the Market" discusses that there will be “marriages” and takeovers of big organizations and hostile takeovers in the business world.... But there is nothing to be afraid if M&As are carefully planned and handled by responsible and expert teams....
8 Pages (2000 words) Coursework

Mergers and Acquisitions in the Airline Industry: a Number of Conflicts Related to Seniority Issues

This paper discusses the main aim is expansion and market capture with some related & apprehended benefits, in the context of the airlines' industries.... The similarity between the two is that both of the strategies have the same aim.... The main objective is the expansion of the company.... hellip; Optimization is one of the most important structural setups by an economic agent....
37 Pages (9250 words) Research Paper

Transition of Team Management to Department Management in the Banking Sector

1999) the leader and the organizational members need time to develop and learn skills that are specific to the new organization.... As socio-cultural integration was not further specified in this study, future research should address this issue to be able to translate our findings into operational suggestions for newly appointed leaders in recently merged firms.... This paper outlines the aspects of the transition of team management to department management in the banking sector and its impact on the “P” dimensions in increasing priority....
12 Pages (3000 words) Research Proposal

Management Essentials for Health and Safety

Robens (1972) had prescribed a risk-based assessment system in the recommendations for maintaining health and safety.... The paper attempts at critically examining the impacts of the Robins recommendations and their relevance and management of health and safety in the 21st century.... The paper will attempt at critically examining the impacts of the Robins recommendations on the present day and their relevance to the regulation and management of health and safety in the 21st century....
13 Pages (3250 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us