Performance Management Plan

Performance Management Plan
A performance management plan is essential to any organization’s strategic goals for success. It is an organized process of a company to improve organizational effectiveness in achieving the missions and goals. By including the employees of the company, a performance management plan must consist of an alignment of the performance management framework to the organizational business strategy by developing objectives and setting clear, concise expectations of those employees. It must also address the organizational performance philosophy, the function that job analysis will serve, methods used for appraising performances, a process for addressing performance issues, and an approach for delivering effective performance feedback. An organization effectively can achieve its goals and mission by practicing these key points regularly and consistently to be successful with its performance management plans.
Aligning Performance Management and Business Strategy
Achieving organizational alignment in performance management and business strategy is one of the biggest challenges an organization may face throughout its existence. Alignment is the process of communication between leadership and management of goals and expectations, and everyone involved has an understanding of what is expected of them and what must be done to make the organization better (Messier, 2013). According to Messier, organizations tend to see alignment as essential during difficult times, and will band together when faced with significant challenges, but waiting until a crisis happens can prove to be highly damaging. The mission and vision of a commercial construction company should be clearly stated as is for Holder Construction whose mission is delivering and providing clients with quality construction and consistent services by operating as “one company” (Holder Construction, 2013). This suggests teamwork must be established throughout the organization as well as within...