Assignment 3: Performance Management and Strategic Planning
You have studied strategic and general considerations of performance management in your course readings. Performance management is an important contributor to tracking and meeting organizational goals and should be a part of the organization's strategic plan. Ideally, there is a clear link among an organization's mission, vision, goals, strategies, and what is actually done at the departmental or employee level. For this assignment, you will apply these concepts to an organization and write a report in approximately 3-5 pages on the basis of your findings.
Directions:
First, select an organization (i.e., a current or past employer) and research it using the Argosy University online library resources, the Internet, or both. You may also include information gathered from interviews with experts from the organization:
- Explain the relationship between the organization's mission and vision statements and goals and strategies at the corporate level. Include how the mission, vision, goals, and strategies relate to the division or department levels.
- Determine whether the organization's strategic plan includes a performance management component (including employee evaluations, feedback cycles, or other reference to tracking or documenting individual or group performance), providing clear examples to support your conclusion.
- Explain how and why a strategic plan should determine various choices regarding performance management system design.
- Offer at least two suggestions for improvement or development of the performance management component of the organization's strategic plan.