Performance Management Plan
Demonica Taylor-Wright
HRM 531
March 14, 2016
Sherri Johnson Performance Management Plan
Performance management is important within any business framework. It is important that the performance management plan is anchored in the organization’s strategic plan. The Limousine Company is startup that needs to lay out a plan for the future performance of the organization. In this paper, the focus will be on aligning the performance management framework for the Limousine Company by planning, analyzing and measuring employee performance, addressing skill gaps, and delivering effective feedback to employees. All are steps in the performance management that should be follow in order for the plan to be effective. “Performance management is a process by which managers and employees work together to plan, monitor and review an employee’s work objectives and overall contribution to the organization”(HR Council, n.d.). Managing and aligning the business to achieve the best results. If performance is not measured, then how will the business know if their employees are delivering on the goals of the organization? Goals should be outlined and communicated to all employees. They should be specific, measurable, attainable, realistic, and timely. If the S.M.A.R.T. method is followed the Limousine Company will have a head start to achieving success.
Planning, Analyzing, and Measuring Performance
First thing, the work should be planned out. Employees should know what is expected and they should work with their supervisors to map a plan to achieve their goals. The supervisor and employee plan the work and set expectations. Employee performance should be analyzed and measured. Management must give clear goals for the employee to follow. Both parties should understand the goals and what is expected. Establishing a criteria for the