Performance

Performance Management Plan
Devin D. Brown
HRM/531
January 14, 2015
Dr. Anita Young

Performance Management Plan
To: Trace Goldman, Manager, Atwood and Allen Consulting
From: Devin Brown
Date: January 14, 2015
Subject: Performance Management
Good Afternoon Traci,
    I will be developing a performance management framework for Mr. Stonefield of Landslide Limousine Service. There will be different topics to identify areas for amelioration and areas of prowess. Mr. Stonefield indicated in your conversation with him that Landslide Limousine will be at -$50,000 annual net revenue this year and is expecting to hire 25 new employees. It is important to emerge an action plan that maximizes execution and minimize employee turnover rate to 5 percent or less. In order to accomplish this, I will need to use identified topics to evaluate an overall performance management plan:
  1. Alignment of the performance management framework to the organizational business strategy.
    It is important that performance evaluations are a part of the company’s performance management plan. Performance evaluations are a great instrument to help employees meet the company’s requirements. The information provided by performance evaluations is invaluable to employees and supervisors especially when making decisions concerning the company’s future. The information found in performance evaluations help employers fire, promote, transfer and train employees. Employees also benefit from evaluations because it provides them with feedback be it positive or negative, the employee can then correct the negative behavior and continue with the positive behavior.
  2. Organizational performance philosophy
    Landslide Limousine is a company that will commit to the performance management system that rewards exceptional work performance. We are committed to coordinating performance efforts with employees and their supervisors and this will promote accurate evaluations and motivate...