Citation
Abdul Rahman, Mariam
(1999)
Maximizing performance through performance management system : a case study in an organization in the banking industry.
[Project Paper Report]
Abstract
Performance measurement is about measuring contribution of employees; it is the
process of seeking to establish the output of staff performance against the rewards.
Organisations need to have a proper measurement of performance management as it is
crucial to any incentive pay plan of the entire company.
Employees need performance management as it helps them to learn what they
need to do or do differently in order to meet their set targets and meeting the
organisations objective for them to reap the benefits individually, as a team or as an
organisation. The success of the performance management in an organisation will
depend on all the people involve in the process; the type of performance management
system chosen, the implementation process and the rewards and recognition attach to the system will determine the motivational factors in the organisation not mentioning the
ignition factor for any grievances, low morale and pushing factor for staff to look for
greener pasture.
The study was carried out to review the efforts taken by an organisation in coming
out with a new improve performance management system. The need for the change, the
processes taken in identifying the new system as well as to study the feature of the new
system in an effort to maximise staff performance was revealed.
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