Performance Management System Report for your selected business in Kuwait. (Boots)
Imagine that you are the HR Director of your Kuwait business. You have been asked by the company to design and develop a Performance Management System for the company.
1. Business overview
Company history, type of business, products, services
Mission and vision statement
Competitors
2. Performance Management
Complete definition
Benefits of performance management
3. KRAs, KPIs and KPSs
Choose 3 Key Result Areas (KRAs) in the business and for each KRA write 3 Key Performance Indicators (KPIs) and 3 Key Performance Standards (KPSs)
4. Employee Performance Tracking
Clearly explain 2 methods used to track employee performance (quantitative and qualitative)
5. Performance Standards
Explain 3 reasons why employees fail to meet performance standards
What can be done to solve these problems?
6. Feedback
List and explain different types of feedback with examples
Explain the benefits of feedback
How can effective feedback be given?
7. Employee Reward Methods
List and explain 4 different types of rewards
Explanation of why each will work
8. Code of Conduct
Create a code of conduct for your business at least 5 rules and regulations explained
9. Risk Management Analysis
List and explain at least 2 types of risks
Provide an evaluation of the risks
Provide solutions and management of risks