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MGMT 471: Ch. 8: Managing Performance

MGMT 471: Ch. 8: Managing Performance. I. Paradigm Shift II. Performance Management Process III. Measuring Performance A. Methods B. Sources of Perf. Information C. Perf. Measurement Errors D. Legal and Ethical Issues. I. Paradigm Shift.

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MGMT 471: Ch. 8: Managing Performance

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  1. MGMT 471: Ch. 8: Managing Performance I. Paradigm Shift II. Performance Management Process III. Measuring Performance A. Methods B. Sources of Perf. Information C. Perf. Measurement Errors D. Legal and Ethical Issues

  2. I. Paradigm Shift A. Performance Appraisal • Traditional B. Performance Management • Holistic • Broader

  3. II. Performance Mgmt. Process Inputs Process Outputs

  4. II. Performance Mgmt. Process A. Stages (text) 1. Specify relevant aspects of performance 2. Appraise performance 3. Provide performance feedback a. Problem solve/develop b. or Reward

  5. II. Performance Mgmt. Process A. Holistic Model 1. PLANNING work and setting expectations 2. Continually MONITORING perf. 3. DEVELOPING capacity to perform 4. Regularly EVALUATING perf. 5. Providing FEEDBACK 6. REWARDING or reworking perf.

  6. A More Holistic Approach to Performance Management • Performance is a function of: • Skills • Knowledge • Abilities • Motivation • Supervision • ? • Performance Mgmt. orchestrates all these

  7. III. Measuring Performance A. Methods 1. Comparisons 2. Rating attributes/traits 3.Rating Behaviors 4. Measuring Results

  8. III. Measuring Performance B. Sources of Perf. Information 1. Managers 2. Peers/coworkers 3. Subordinates 4. Self 5. Customers

  9. III. Measuring Performance C. Performance Measurement Errors 1. Similar to me 2. Leniency error 3. Strictness error 4. Central tendency 5. Halo error 6. Horns error D. Legal and ethical issues

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