BSBINM501-Assessment 3 training presentation.pptx

It has been noticed that monitoring and evaluation

Info icon This preview shows pages 14–19. Sign up to view the full content.

View Full Document Right Arrow Icon
of the employees. It has been noticed that monitoring and evaluation system also reveals the mistakes and offers paths for learning and improvements. The monitoring and evaluation system also help the human resource management to select the list of employees who are eligible for reward policy. Apart from that human resource management also monitors and evaluate employee performance to understand the growth of performance or decrease of performance of the employees for a certain period.
Image of page 14

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
PERFORMANCE MEASURES The performance measure is considered as an activity which ensures that the performance of the employees can fulfil the requirement of the organization. Key Performance Indicator (KPI) is considered as a business matric which is used to evaluate the factors which are crucial to the success of the organization. KPI is generally net revenue or a customer loyalty metric. It has been noticed that government can consider unemployment rates through KPI.
Image of page 15
ANALYSING AND REPORTING ON A SYSTEM EFFECTIVENESS Performance measurement is generally considered as a regular measurement of the output of the organization. The regular output generates reliable data about effectiveness and efficiency of the performance. The organization has considered the human resource, employee time and financial resource as a main input of the organization. After monitoring process and evaluation process, the managers have developed a report based on the performance improvement or performance decrease. Therefore, this report expresses the efficiency and effectiveness of the system. The report structure is based on the issues of the organization and the experts also provide a necessary solution based on that report.
Image of page 16

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
ENSURE SYSTEMS OUTCOME ACHIEVE BUSINESS/ STRATEGIC/ OPERATIONAL PLANS It has been observed that the business plan of the organization is based on the goals of the organization. The marketing managers have identified the goals of the organization and develop different objectives. The reason for developing objectives is that the managers have to fulfil different small goals to achieve the desired goal of the organization. The objectives are nothing but a deviation of aim in a different part. The planning and development managers have selected a goal based on the internal analysis. After that, they have broken the goal into small objectives. Therefore, the planning and development department has to implement a new strategic plan which will fulfil the objectives.
Image of page 17
RECOMMENDATIONS The recommendation should be submitted along with proper example which is quite related to the issues of the organization.
Image of page 18

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
THANK YOU
Image of page 19
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern