Explain the importance of performance management systems


Assignment

As we have discussed, performance management systems are important in organizations. However, there are many performance management systems that organizations can use.

For the purpose of this week's Critical Thinking assignment, do the following:

1. Explain the importance of performance management systems and what organizations must consider when selecting the best performance management system.

2. Select three performance management systems and explain the following:

o The benefits of each system
o The drawbacks of each system

3. Then, explain what type of organizations would benefit from each of the performance management systems identified. For example, provide details about why performance management system X be best in Organization X.

Write a 5 page paper, or about 2300 words, not including the title and reference pages, which are required.

• You cannot use Wikipedia. For this assignment, a credible source is defined as:

o A scholarly or peer-reviewed journal article.
o A government-based website or publication.
o A trade or industry journal article, publication, or website, including those from trade organizations.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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