Question:
Written Assignment B (AC 1.1, 1.2, 1.3, 2.1, 2.2, 3.1, 3.2, 4.1) 2100 words
The Managing Director of your organisation has requested the HR department to provide a board report which outlines the process of linking organisational performance with reward and motivation. You have been asked to provide the following within the report (2000 words):
- Outline the purpose of performance management and its relationship to business objectives. (AC 1.1) (Performance Management > Appraisals > organization success, culture)
- Highlight the components of performance management systems (AC 1.2) (Importance of JD, training & development plans, feedback, policies & procedures, performance development)
- Explain the process of performance reviews and why they are important. (AC 4.1) (the 6 steps, the process & why is important, how is it a motivational tool, the brand of the company)
- Outline 2 motivational theories and explain how they can be used by in performance management systems. (AC 1.3) (Maslow & Vroom theories, practical application of the theories)
- Explain the purpose of reward within a performance management system. (AC 2.1) (why we needs rewords for organization?, purpose?, alignment with business objectives, how to improve company performance, why we needs different reword systems, how they do with motivation, employee engagement)
- Outline the pros and cons of using financial and non-financial rewards, providing 3 examples for each. (AC 2.2) (pros & cons + 3 ex of financial & 3 ex for non-financial rewards)
- Outline and assess the options available to the organisation seeking to review good and poor staff performance (AC 3.1) (How we reward someone engaged, disengaged, satisfied)
- Outline the tools and information necessary to carrying out an effective performance and reward management process. (AC 3.2) (importance, why need to collect information, what kind of information & data, why job evaluation, why is important)
ADDITIONAL REQUIREMENTS
- Write a description of the learning process you went through in order to write this assignment: what you knew about your organisation’s performance and reward management systems before you attended module 2; what you learnt during the module; and what you learnt in preparing the assignment (100 words).
- You should also include 3-5 references from up-to-date and relevant sources in order to support your findings. Please ensure that all reference sources are acknowledged correctly within the text and on a reference list provided.
Solution:
Introduction (100 words)
This report focuses on developing a report on the relationship between the Emirates Driving Company (EDC) between their performance and aspects of motivation and reward. The rationale for this is since both are instrumental for attaining organisation goals and objectives. This is inclusive of a response report to a managing director request on evaluating the specific issues. Eight main sections have been put into consideration by this research which include the performance management purpose, its relationship with an organization set goals and objectives, key components explanation in the management of the entity among others as highlighted below.
The purpose of performance management and its relationship to business objectives. (AC 1.1, 200 words)
The primary role of EDC operations is the attainment of their set goals and objectives. As noted in ACAS (2005) it is the primary role of managers to evaluate the attainment of set goals through a strategic performance review with the equal facilitation of entity operations. To successfully attain the set objectives, the role of performance management includes;
- Making organizational decisions: This is often implemented after a successful management performance evaluation. In EDC operations, the decisions made involve their partnership with UAE government for sanity in the transport sector and need of adherence to the set policies.
- Employee Competence Improvement for success: It is the role of performance management to identify specific aspects that hinder………………………………………………………………………………………………………………………………………………………………………………………Please contact our team to receive support and guidance on this assessment in entirety customised to your organisation, level of expectations and any other guideline
- Email address: rankedtutorials@gmail.com