Page 44 - DMGT517_PERFORMANCE_MANAGEMENT_SYSTEM

Unit 3: Performance Planning

3.10 Review Questions Notes

1. Design a performance planning process for your organisation.

2. Is their any impact of performance planning on companies mission, vision and objectives?
Discuss.
3. “A performance plan establishes the development researcher’s essential job tasks,
responsibilities, and critical performance objectives that need to be achieved or performed
during the performance period.” Discuss.

4. “Key results area areas capture about 80 percent of a work role.” Defi ne.
5. Make an analysis on the statement that an organization’s ultimate goals determine its
strategy.
6. In most of the Indian companies performance management is limited upto performance
appraisal. Discuss the key reasons.
7. “Indian companies tend to spend 30% time on planning and remaining 70% on
implementation whereas MNCs usually spend 70% time on performance planning and the
remaining 30% time on strategy implementation.” Discuss.

8. Identify the four areas that must be identified in a performance plan?
9. “An effective performance plan should outline results expected, performance measures,
standards to be achieved and target dates for measurement.” Discuss.
10. “An organization intending to become the world’s largest textile company in the shortest
possible time (ultimate goal) will increase its production capacities either through organic
route such as setting up new manufacturing facilities, or by acquiring other textile
organizations.” Discuss.

Answers: Self Assessment

1. standards 2. continuous process
3. performance management system 4. Key performance area
5. general area 6. 80 percent
7. strategy 8 priority

9. planning 10. False
11. False

3.11 Further Readings

Books Aubrey C. Daniels, Bringing out the Best in People, 2nd edition, McGraw-Hill, 1999.

BD Singh , Performance Management Systems, Excel Books, New Delhi.
Business Performance Management, Magazine, Matt Weiner.
Cynthia D Fisher, Human Resource Management, 5th Edition-Biztantra.
Dixit Varsha, Performance Management, 1st edition, Vrinda Publications Ltd.

Herman Aguinis, Performance Management, Pearson Education, 2007.

LOVELY PROFESSIONAL UNIVERSITY 39