People and Organizations - Principles and Practice in Global Contexts

Performance Management What is Performance Management? Performance management is not an annual appraisal meeting. It is not preparing for that appraisal meeting nor is it  a self-evaluation . It's not a form nor is it a measuring tool although many organizations may use tools and forms to track goals and improvements, they are not the process of performance management. Performance management is the process of creating a work environment or setting in which people are enabled to perform to the best of their abilities. Performance management is a whole work system that begins when a job is defined as needed. It ends when an employee leaves your organization. Performance management defines your interaction with an employee at every step of the way in between these major life cycle occurrences. Performance management makes every interaction opportunity with an employee into a learning occasion. Components of a Performance Management System The per

Employee Retention in an Organization Focus Human resources are the life-blood of any organization. Even though most of the organizations are now a days, found to be technology driven, yet human touch and human resources are required to run the technology. The biggest challenge that organizations are facing today is not only managing these resources but also retaining them. Securing and retaining skilled employees plays an important role for any organization, because employees’ knowledge and skills are central to companies’ ability to be economically competitive. Besides, continuously satisfying the employees is another challenge that the employers are facing today. Keeping into account the importance and sensitivity of the issue of retention to any organization, this article focused to discuss various available findings on employee retention and the factors affecting employee retention and job satisfaction among the employees. Factors affecting Employee Rete

Impact of Rewards on Employee Engagement Employee Engagement Simply, the employee engagement can be described as a high level of employee involvement, commitment to the organization and job satisfaction. Since employee engagement is a key to the success of an organization, most employers exercise different tactics in motivation of the employees to boost their engagement at work. Happy employees are much more likely to be productive members of the team who will look forward to stepping through the doors of an organization each morning. Implementing employee benefits is a one of the excellent way of improving engagement, as they are crucial to ensuring your employees are happy and focused in their work.  How else do benefits fit into employee engagement? ·         Benefits put people at the heart of what you do. By implementing employee benefits, you’re putting people at the heart of your company. This shows your employees that, as an employer, you care ab

Talent Management Talent management is a strategy that organizations hope will enable them to retain their topmost talented employees within the organization which is a key element of success and sustainability of the business. This refers to the skill of identifying, attracting, developing and retaining the individuals desired for making an organization successful either through immediate contribution or their potential to do so in the future. Considering the complex and dynamic environment in which businesses nowadays operate, utilization of the best talent management skills is extremely important for competing in the global economy as well as capitalizing on new opportunities. This is because talent management essentially involves developing individuals and organizations according to the challenges faced by the changing environment. Image 1. Why is talent management important The connection between talented employees and organizational performanc