In preparation for this assignment, you are required to read the following article:Buckingham, M & Goodall, A 2015, ‘Reinventing performance management’, Harvard Business Review, vol. 93, no. 4, pp. 40–50.Produce a written report that:Critically analyses Deloitte’s redesigned performance management system (discussed in the article) in the context of different performance management approaches we have covered in this subject.
Compares Deloitte’s new design approach to the performance management approach followed in your organisation, or an organisation you know well (provide a brief background description of your chosen organisation).
Recommends (with justifications) the best approach for your chosen organisation, based on your comparison.
The main focus of this report is your critical analysis of Deloitte’s redesigned performance management system and its comparison to performance management approach followed in your chosen organisation. You will need to demonstrate your knowledge of different approaches to Performance Management (PM). In order to do well, you need to structure your discussion appropriately, use quality references, and clearly link recommendations to the description and analysis presented earlier in the report.ReferencingClearly reference your sources. Read about performance management practices in journal articles (using the AIB Online Library), books (including the textbook), industry reports, business literature, etc. Remember to note down your sources and reference them in the report.NOTE:2500 Words. thanks
this is the structure that is requiredTitle Page
Executive Summary
Table of contents
1. Introduction of the chosen organisation and Industry.2. Describing Performance Management System and highlighting its strategic significance and/or drawbacks of following an inappropriate performance system.
3. Critical review of the current PM approach of your chosen organisation, clearly listing its strengths and weaknesses for your organisation.
4. Evaluating each of the five alternatives (Comparative, Attribute etc) and highlighting their benefits and issues in the specific context of your chosen organisation.4a. Evaluating each of the five alternatives against each of the Performance Measurement criteria e.g Reliability, Validity etc (Use of table is recommended here).
5. Evaluating the Deloitte’s approach and discussing its pros and cons if it is implemented in your organisation.5a. Evaluating the Deloitte’s approach against each of the performance measurement criteria e.g Reliability, Validity etc (Use of table is recommended here)
6. Recommendations: Based on your overall analysis, recommend which of these six alternatives do you believe will be most appropriate for your chosen organisation and why?
7. Providing an overall conclusion.
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