Part 3: Executing Scenario You are having several challenges on this project. Bi
ID: 378466 • Letter: P
Question
Part 3: Executing Scenario You are having several challenges on this project. Biotech, Inc. originally focused on developing drugs to help fight diseases, but the new CEO, Justin, has emphasized the need to increase profits by tapping into other markets, including genetically modified foods and fuels. The types of people who work on the former market are often very different from people working on the latter markets. They often have different educational backgrounds, skill sets, and values. Most of the people hired in the past year have been hired to support these new markets. Even though Anna and the Resource Management System Project team tried to do a good job managing key stakeholders, they are having difficulties with several employees who disagree with the company’s new marketing strategies. Just a month into the project, several senior managers in the research and drug-related departments have voiced their opposition to having a centralized system and process for hiring people and managing benefits and compensation. A few very vocal managers said that they would continue to hire and manage their resources their way no matter what. It has also been difficult collecting data on how resources are currently managed throughout the company and gathering firm requirements for the new system. Most HR system providers sold several different modules that provided different functionality, and you wanted to make sure you purchased only what was needed. Anna also knew that it was best to try to minimize the need to customize an off-the-shelf application. Many people felt that any centralized system would stifle their creativity and force them to work in a bureaucracy, so they were not open to sharing information or providing feedback as you try to gather requirements and existing data.
4. After Anna met with the project sponsors to discuss current problems, they decided to have a series of bi-monthly meetings with all affected senior managers. Both sponsors would help Anna to run these meetings, emphasizing the strategic importance of this project. They decided to first send all employees a memo describing the project and their commitment to making it a success. Draft a oneto two-page memo to this effect. Include some motivation for senior managers to buy-into this project
Explanation / Answer
For every organization it’s very crucial and significant to set performance standards, adopt an appropriate method to observe the actual job performance, giving advice and conducting periodic assessments and evaluations will definitely enable to attain the finest outcomes through appropriate organizing and handling worker performance.
To initiate the procedure it’s very important for the business to build a performance strategy that can act as a guide for the worker's effort towards attaining the specific targets and goals which can ultimately facilitate in the development of workers skill and proficiency and overall growth of the company.
Frame a precise and appropriate strategy that can offer a guide and direction towards attaining the prescribed business goals and objectives by providing an appropriate framework to make sure workers attain results through proper training and shared advice, views and opinions.
Expected performance anticipations from employees helps to form an appropriate foundation for evaluating, reviewing and assessing worker performance as it assists to compare the worker's performance with jointly assumed prospects and opportunities and reduce vagueness and uncertainty in giving view and opinion concerned to their job performance.
Performance standards indeed helps to recognize a starting point for determining performance based on which business administrators can offer precise, detailed and unambiguous view, opinion and comment describing the gap between anticipated and actual performance.
It’s very important, crucial and significant to provide specific job performance standards which should be linked to accountability and responsibility in each employee’s concerned job description and its important workers take part enthusiastically in imparting needed skills, knowledge and technology which are correlated with their growth and progression.
Performance standards are normally recognized when a job task for a specific project is established and accordingly it should be appropriately assessed, evaluated and reviewed to make sure workers job description are regularly updated and it should comprise the normal standards for attaining the acceptable performance.
Performance appraisal is considered to be a significant management tool which helps to assess, evaluate and review the job performance of employees and provides an exceptional prospect for business administrators to connect and converse with the worker about past performance, appraise the worker's job contentment and draft strategies for the worker's future performance.