Sunday, May 12, 2019
Performance Management System Improvement Assignment
Performance Management System Improvement - Assignment ExampleTo enhance the death penalty of the employees over time, it is considered important to evaluate their output to increase the efficiency of the organization (Warner, 2002). In essence, the employees output is judge out and ways to reform the performance level formulated. The obtained results after evaluation are expenditured to improve on the organizations output, effectiveness and efficiency over time. An organization generally constitutes of the deuce types of purlieu, viz. the sexual environment and the external environment. The external environment could constitute of factors such as technological, political, legal and economic, whereas the internal environment is comprised of structure, organizational culture, mode of exercising power, the leadership style, and available resources. The key factors that constitute the external environment of Ngusama Investment Compevery are technology, political, economic and leg al factors (Rao, 2004). The company has been trying to upgrade its technology so as to cope with evolution of technology that presents. Upgrading of the system also ensures that the company keeps abreast with current issues and trends in the society. With a modified technology, the employees have a platform which they work on to improve the performance of the organization.... For any organization to prevail in a market, it has to ensure that it fulfils the regulations and the policies. Technological factors productivity is quickly achieved through the use of new technology. The production of new products increases the sales of an organization and consequently leads to an upsurge in the revenue. This therefore is a major(ip) indicator of the organizations performance. The external environment can be viewed in two dimensions micro-environment and macro-environment. Micro-environment is concerned with the immediate benefactors of the organizations competitors, suppliers, customers and the public at large. On the other hand, the macro-environment constitutes of the current trends in the society. The organization concentrates on the following factors in assessment of the external environment matched environment epitome, analysis of the expectations for interest, the external environments development outlook, and analysis of the influence of the macro-environment on the organizations performance. agonistic environment is a key external factor (Sahu, 2007). It is a process in its own that involves analyzing, identifying the major characteristics and the impact of the forces that come about as a result of competition. After the analysis, positioning efforts are make so as to ensure that the competitive advantage of the organization is attained. When conducting the activity there are competitive forces that are experienced and this makes up the environment with the organization inclusive. The industry includes all the organizations that are producing similar product s or are offering identical services. The
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