Category: Management

Please provide an answer that is 100% original and do not copy the answer to this question from any other website since I am already well aware of this. I will be sure to check this.
Please be sure that the answer comes up with way less than 18% on Studypool’s internal plagiarism checker since anything above this is not acceptable according to Studypool’s standards. I will not accept answers that are above this standard.
No AI or Chatbot! I will be sure to check this.
Prior to beginning work on this assignment, review Chapters 28, 29, and 30 of the textbook, as well as the articles on Changing Legal Structures: LLCs and C Corps, The Pros and Cons of LLCs, and How To Start An LLC In 7 Steps (2024 Guide) which discuss business entities.
Malik, Nia, and Talia are planning to start a catering business in a metropolitan area with a population of approximately 480,000. The target market for the venture will include both the corporate market (employee events, client meetings, etc.) and the private market (weddings, family events, etc.).
The business plan which they have developed has set start-up costs of $800,000. Malik will contribute 55% of the capital for the creation of the new entity, while Nia will contribute 30% and Talia adding 15%. The plan also projects that the company will operate at a loss for the first two years. In the third year, it is projected that the company will realize a profit of 15%, and 20% profit in year four.
Malik is primarily an investor in this new business and does not have any experience in catering or the restaurant industries. However, his family is wealthy, and he is well connected to the metropolitan area. Thus, he would be an asset as being recognized as a leader of the organization.
Nia has been highly successful as a marketing executive in the local entertainment sector. She is also considered to be a very effective social influencer in the area, as well as on social media. As a result, she will be working as the marketing and sales director of the catering business.
Talia is a culinary expert and has been working as a chef at a local restaurant. She has also been operating a small catering business as a sole proprietor on a part-time basis, which is how the idea for the new business venture originated. Talia has worked in several large cities such as Los Angeles, New York, and Rome. Since she is a chef, she does have experience of managing large kitchen staffs. However, she is relatively new to the current market area.
Nia and Talia will work for the organization on a full-time basis. Malik will work as a consultant but will not take part in many of the operational tasks that are involved in running the business. Initially, all other staffing needs will be done with part-time employees.
Based on some discussions Malik has had with his attorney, the group believes that they should form an LLC for the new business. However, they are open to other ideas.
In your paper,
Explain the advantages and disadvantages of using an LLC. Are there any other business forms that should be considered for the initial start-up?
Discuss whether the LLC should be member-managed or manager-managed, addressing the advantages and disadvantages of each.
Discuss how the profits and losses of the business should be shared. This would include addressing the following issues. How should the LLC be taxed? When addressing these concerns, also consider if Malik, Nia, and Talia should receive a salary? If so, how would the amount be determined? If not, how should they be compensated for their work?
Explain why it would be important to have an operating agreement when the LLC is formed.
Assume that in four years the company wants to expand into ten larger metropolitan areas.
Explain if the company should remain an LLC or transition into a new form of business.
The Limited Liability Companies (LLCs) papermust be 4 to 5 full double-spaced pages in length (not including title and references pages) and formatted according to APA
must include a separate title page with the following in title case:title of assignment in bold fontSpace should appear between the title and the rest of the information on the title page.
student’s name
name of institution (The University of Arizona Global Campus)
course name and number
instructor’s name
due date
must utilize academic voice
must include an introduction and conclusion paragraph.Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
must use APA Level Headings,
must use at least 3 credible sources in addition to the course text. Course booK: Seaquist, G. (2012). Business law for managers. Zovio.
Requirements: 4-5 Full Pages Times New Roman Size 12 Font Double-Spaced APA Format Excluding the Title and Reference Pages
Please provide an answer that is 100% original and do not copy the answer to this question from any other website since I am already well aware of this. I will be sure to check this.
Please be sure that the answer comes up with way less than 18% on Studypool’s internal plagiarism checker since anything above this is not acceptable according to Studypool’s standards. I will not accept answers that are above this standard.
No AI or Chatbot! I will be sure to check this.
Please be sure to include an introduction paragraph with a clear thesis statement in the last sentence of the introduction paragraph and a conclusion paragraph.
Please be sure to carefully follow the instructions.
No plagiarism & No Course Hero & No Chegg. The assignment will be checked for originality via the Turnitin plagiarism tool.
Please be sure to include at least one in-text citation in each body paragraph.

Part 1
Overview and Preparation
This assignment gives you the opportunity to assess your ability to cite resources according to current APA formatting requirements. To prepare, first download and review the Citing Sources Worksheet [DOCX] Download Citing Sources Worksheet [DOCX]. The worksheet requires you to provide in-text citations and a reference list for three articles listed in the worksheet.
Before you begin the assignment, be sure to complete last week’s APA Breakout! The Adventure Begins and this week’s APA Breakout! The Saga Continues interactive games. If you are unsure how to do in-text citations and reference lists, review the guidance available in Academic WriterLinks to an external site. or in the following Campus Resources: APA 7th Edition Quick Reference GuideLinks to an external site. and Evidence and APALinks to an external site..
Instructions
Assume that you are writing a paper that uses the three articles linked in the worksheet as resources.
If you have not yet done so, download and review the Citing Sources Worksheet [DOCX] Download Citing Sources Worksheet [DOCX].
Complete the worksheet, checking to ensure that you have filled in all areas.
Submit the completed worksheet as your assignment.
Competencies Measured
By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and scoring guide criteria:
Competency 5: Communicate effectively and professionally.Cite resources according to APA standards.
Create a reference list with all resources correctly formatted and in the correct order.
Part 2
Overview
Captain Crozier, Commander of the USS Theodore Roosevelt, wrote and distributed a controversial letter in March of 2020 that pleaded for help for crew members stricken by the COVID-19 virus. The communication was sent to several recipients and eventually found its way to the news media. The situation became front-page news and was actively debated in the media. Senior leaders believed that Captain Crozier may have avoided his chain of command for fear that his immediate leader would suppress the issue and expose the sailors to unnecessary danger. His decisions and actions that lead up to his writing of the letter are fraught with ethical dilemmas.
In this assignment, you are asked to identify the communication strategy used and analyze ethical aspects surrounding Captain Crozier’s decision to widely disseminate the letter.
Preparation
Thoroughly research the issues using the Internet and the resources provided in What You Need to Know. You may need to conduct additional research to support your analysis. You must use a minimum of three scholarly resources outside of the course text in this assignment.
As you can see by your research, there is a lot going on behind the scenes in this scenario. However, it is clear that the Captain of the USS Theodore Roosevelt was facing a difficult ethical situation and tried to find the best way to communicate his concerns. There are many questions that likely come to mind, such as:
What was the dilemma facing the Captain? How might he have weighed his decision?
Should the Captain have sent the message? Why or why not?
Was the content of the communication appropriate, taking into consideration the recipient(s) of the letter? Did he distribute the letter for maximum effect?
What should he have done differently?
Did the Captain violate Navy ethical guidelines? Are his actions at odds with communication guidelines? Is that how he should be judged?
Was his punishment justified?
How do you think his crew felt? Is that relevant?
Before you begin the assignment, be sure to complete this week’s APA Breakout! The Final Escape interactive game. If you are unsure of your APA citation skills, review the guidance available in Academic WriterLinks to an external site. or in the following Campus Resources: APA 7th Edition Quick Reference GuideLinks to an external site. and Evidence and APA.Links to an external site.
Also carefully read the grading criteria in the Communication, Ethics, and a Command Decision rubric to ensure you understand all of the requirements for success.
Planning
The time it takes to complete an assignment can vary greatly. But it often takes longer than we think to explore the scope of a task, research it, write a draft, and then come back and revise it. Consider the following as rough guideposts for setting aside the time you need to do your work. You will want to adjust these as you learn more about your own pace and working style.
Research and reading: 2 hours.
Interactive activities: 30 minutes.
Writing: 6 hours.
Revising: 2 hours.
Instructions
Consider the Captain’s decision to send the letter, the manner in which the letter was sent, and the recipient(s) of the letter. Complete both parts of this assignment in a single Word document.
Part 1: Analyze the Scenario
Analyze the ethical decision that the Captain faced as it relates to how he communicated his plea and in the context of his position. Consider the sender, receiver, message, and channel.
Analyze the primary failures and successes of the Captain’s communication strategy. Make sure to consider how the letter was distributed, the Captain’s possible intent, and the content of the letter.
If this situation had occurred in the private sector and not the military, would the outcomes have been similar or different? Defend your reasoning.
Part 2: Write a Communication
Imagine that you were the commanding officer of another naval ship who had followed this sequence of events closely. Your ship’s Public Affairs Officer reports to you and is responsible for many of the ship’s external communications, and you are anxious to share your lessons learned from the USS Theodore Roosevelt situation.
Send a communication to your Public Affairs Officer that conveys and re-enforces the primary lesson(s) learned from the incident on the USS Theodore Roosevelt. Be sure you focus on the actions of the Captain. The medium is your choice, but it is also very important, so state the medium you have chosen within your message and the reason you feel it is the most appropriate medium to use. Address possible reasons such as confidentiality, tone, and convention.
Additional Requirements
Format: Complete both parts of this assignment in a single Word document.
Written communication: Written communication is free of errors that detract from the overall message.
APA style and formatting: Resources and citations are formatted according to current APA style and formatting standards.
Font: Times New Roman, 12 point, Arial, 11 point, or Calibri, 11 point.
Length: Part 1 should be 3–4 pages, double spaced, and Part 2 should be 1 page, double spaced. Page count does not include your cover page or reference page.
Cited resources: Use a minimum of three scholarly sources outside of the course text. All literature cited should be current, with publication dates within the past five years.
Competencies Measured
By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and scoring guide criteria:
Competency 1: Analyze business communication situations.Describe how the scenario might have plausibly played out in the private sector.
Competency 2: Apply fundamental principles of organizational communication.Write a communication that effectively presents lessons learned.
Competency 3: Analyze the interrelationships of communication within organizational systems.Analyze the outcomes of a communication strategy.
Competency 4: Analyze the application of ethical principles in organizational communication.Analyze an ethical decision as it relates to communication.
Competency 5: Communicate effectively and professionally.Address assignment purpose in a well-organized text, incorporating appropriate evidence and tone in grammatically sound sentences.
Apply APA formatting to in-text citations and references.
Part 3
Overview
We have seen that there are many communication styles that can be used to relay a message from sender to receiver. This week’s assignment gives you the opportunity to discuss various communication styles. You will also select and depict via an infographic the style that best fits your preferred method for communicating in a professional environment.
What Is a Communication Style?
Communication styles reflect how we relay information within the message. When considering communication styles, think about the tone and content of the message and how it will be perceived by the receiver. Some styles may reflect a warm and hospitable feeling, while others are more clinical. Do not confuse styles with channels, which are how a message is delivered (verbal, written, e-mail, etc.). Communication styles are classified using many different names and methods, and you will need to research three styles you wish to discuss in your paper.
What Is an Infographic?
An infographic (information graphic) is a graphic format used to present information in a way that is both appealing and easily understandable at a glance. Infographics are a fantastic way to convey information through visual cues that can enhance your target audience’s reception of the information. You can use PowerPoint, CanvaLinks to an external site., PiktochartLinks to an external site., or any other program that you feel comfortable with to create your infographic. This Sample Infographic [PDF] was created using Canva.
The Canva and Piktochart sites offer templates and quick tutorials for designing infographics. You can search the Internet to find many others. YouTube is a good place to look for helpful resources, such as these:
Infographic ResourcesLinks to an external site. reading list.
Any template that you choose is acceptable as long as your infographic effectively communicates the important aspects of a communication style.
Instructions
Research three communication styles and write a 2–3 page paper comparing the styles.
Select your preferred communication style and create an infographic that explains the style.Save the infographic in whatever image format you like.
Additional Requirements
Format: Complete and submit both parts of this assignment: the 2–3 page paper in Microsoft Word and the infographic. The infographic can be submitted as an image inside of your Word document or as a separate attachment to the assignment.
Written communication: Written communication is free of errors that detract from the overall message.
APA style and formatting: Resources and citations are formatted according to current APA style and formatting standards.
Font: Times New Roman, 12 point, Arial, 11 point, or Calibri, 11 point.
Paper Length: 2–3 pages, double spaced. Page count does not include your cover page or reference page.
Cited resources: Use a minimum of three scholarly sources outside of the course text. All literature cited should be current, with publication dates within the past five years.
Part 4
Preparation
If you have not yet done so, view CapraTek: Leading for Change. You will need to analyze and respond to the scenario presented in the media piece to complete this assignment.
Review the articles on the following reading list about stages of group development and change.Week 8: Assignment ResourcesLinks to an external site. reading list.
Decide what type of presentation you want to create. You have three options: you can record a Kaltura video, create a standard PowerPoint presentation with speaker notes, or record a PowerPoint presentation with your own audio narration.Kaltura is a Capella-supported tool for recording presentations using a webcam and microphone. If you are unfamiliar with Kaltura, learn more in the Using KalturaLinks to an external site. tutorial.
If you want to do a PowerPoint presentation, review Life After Death by PowerPointLinks to an external site. for help creating effective PowerPoint presentations. The PowerPoint presentation can be slides with speaker notes or include audio narration.
Instructions
After analyzing the scenario presented in CapraTek: Leading for Change, create a presentation that briefly introduces items for your team to consider. In the presentation:
Communicate your decision on how you plan to address the team’s communication issues and concerns about leadership changes. (2–3 slides or 1–1.5 minutes).
Explain three critical communication issues and challenges faced by the team, including communication issues to date. (2–3 slides or 1–1.5 minutes).
Describe an action or policy that you will introduce to improve communications and assure people are working with a unified purpose. (2–3 slides or 1–1.5 minutes)You may want to consider Tuckman’s model for stages of group development and Kotter’s change model as you plan to improve the team dynamics.
Define your expectations for ethical discourse in team communications. (2–3 slides or 1–1.5 minutes)
If you choose to submit a standard PowerPoint presentation, your presentation should consist of 10–12 slides, not including the title and references slides. Use the speaker’s notes section within the PowerPoint slides to provide all the information relevant to each slide, which you would otherwise present verbally. If you choose to submit a video (Kaltura) or narrated (PowerPoint) presentation, the recorded presentation should be 4–5 minutes.
Before you start your work, carefully read the grading criteria in the Communicating a Team Vision Scoring Guide to ensure you understand all of the requirements for success.
PowerPoint Guidelines
Each slide must have no more than 4–5 bullets and each bullet should summarize your point in approximately 4–6 words. Use graphics throughout the presentation, but ensure they are appropriate for the content provided and provide value.
Presentation Guidelines
Be sure your presentation meets the following requirements:
Length: Approximately 4–5 minutes, or 10–12 slides, not including the title and references slides.
Quality: Audio and visual quality should approximate that of a properly functioning video conference.
Visuals (if used): Create visuals that are easily read and interpreted. Use colors, fonts, formatting, and other design principles that make the information clear and generally add to the aesthetic of the presentation.
Presentation: Although this is not a performance, you will be judged on the communication skills that you have studied in this course including your consideration of audience and content.
Content: Address all items defined in the scenario and assignment instructions.
APA style and formatting: Cite all resources and citations according to current APA style and formatting standards.
Competencies Measured
By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and scoring guide criteria:
Competency 1: Analyze business communication situations.Create an appropriate response to the scenario based upon sound analysis.
Competency 2: Apply fundamental principles of organizational communication.Create a presentation that effectively addresses specified goals.
Competency 3: Analyze the interrelationships of communication within organizational systems.Explain critical communication issues and challenges faced by the team.
Describe an action or policy that would likely improve communications and assure people are working with a unified purpose.
Competency 4: Analyze the application of ethical principles in organizational communication.Define appropriate expectations for ethical discourse in team communications.
Competency 5: Communicate effectively and professionally.Organize content for ideas to flow logically with smooth transitions.
Apply APA formatting to in-text citations and references or create a video that effectively addresses specified goals.

Check the attached files and the like below to answer the following questions:
; https://www.bpminstitute.org/resources/articles/bu…
What internal services will the BPM-Core organization offer?
Describe the high level operating model of the BPM Organization?
What does the organizational structure of the BPM Core Organization (e.g. BPM Center of Excellence) look like?
Where does this organization fit in the overall organization?
What roles do you need in the BPM Core Organization (process architect, etc.)?
What roles do you need in the extended BPM-Organization (process owner, etc.)?
How does process governance work (e.g. how do process and functional leads collaborate)?

Part 6
This assignment will consist of an APA format paper.
Case Analysis Paper: Each student will choose five cases, each from a different chapter, from the readings in Weeks 1 through 3 (Chapters 1, 2, 3, 4, 5, 6, 8, and 9). The paper should be divided into sections where each case is under a heading with the case name and page number on it. A common reference page will be used for all five cases.
Your responses should be well-rounded and analytical and should not just provide a conclusion or an opinion without explaining the reason for the choice. For full credit, you must use the material from the textbook by using APA citation with page numbers when responding to the questions.
Utilize the case format below.
Read and understand the case. Show your analysis and reasoning and make it clear you understand the material. Be sure to incorporate the concepts of the chapter we are studying to show your reasoning. For each of the cases you select, dedicate one subheading to each of the following outline topics.
Case: (Identify the name of the case and page number in the textbook.)
Parties: (Identify the plaintiff and the defendant.)
Facts: (Summarize only those facts critical to the outcome of the case.)
Issue: (Note the central question or questions on which the case turns.)
Applicable Law(s): (Identify the applicable laws.) Use the textbook here by using citations. The law should come from the same chapter as the case. Be sure to use citations from the textbook including page numbers.
Holding: (How did the court resolve the issue(s)? Who won?)
Reasoning: (Explain the logic that supported the court’s decision.)
Case Questions: (Explain the logic that supported the court’s decision.) Dedicate one subheading to each of the case questions immediately following the case. First, fully state the question from the book and then fully answer.
Conclusion: (This should summarize the key aspects of the decision and also your recommendations on the court’s ruling.)
Include citations and a reference page with your sources for all of the cases. Use APA-style citations with page numbers and references.
Part 7
Case Analysis Paper
Each student will choose eight cases, each from a different chapter, from the readings in Weeks 1 through 7 (Chapters 1 through 16). The student may not use cases done in previous case analysis submissions. The paper should be divided into sections where each case is under a heading with the case name and page number on it. A common reference page will be used for all of the cases.
Your responses should be well-rounded and analytical and should not just provide a conclusion or an opinion without explaining the reason for the choice. For full credit, you must use the material from the textbook by using APA citations with page numbers when responding to the questions.
Utilize the case format below.
Read and understand the case. Show your analysis and reasoning and make it clear you understand the material. Be sure to incorporate the concepts of the chapter we are studying to show your reasoning. For each of the cases you select, dedicate one heading to each following outline topic.
Case: (Identify the name of the case and page number in the textbook.)
Parties: (Identify the plaintiff and the defendant.)
Facts: (Summarize only those facts critical to the outcome of the case.)
Issue: (Note the central question or questions on which the case turns.)
Applicable Law(s): (Identify the applicable laws.) Use the textbook here by using citations. The law should come from the same chapter as the case. Be sure to use citations from the textbook including page numbers.
Holding: (How did the court resolve the issue(s)? Who won?)
Reasoning: (Explain the logic that supported the court’s decision.)
Case Questions: (Explain the logic that supported the court’s decision.) Dedicate one subheading to each of the case questions immediately following the case. First, fully state the question from the book and then fully answer.
Conclusion: (This should summarize the key aspects of the decision and also your recommendations on the court’s ruling.)
Include citations and a reference page with your sources for all of the cases. Use APA-style citations with page numbers and references.
Human Resource Management Analysis
What do the results of each case suggest about employment regulatory issues and legal matters in organizations? What Policies should HRM implement to prevent the legal issues addressed in your cases?
What is the role of HRM in preventing the legal failures highlighted in your selected cases?
What metrics would you use to assess HRM efficacy in addressing the issues in your selected cases? What is the role of technology, human capital, organizational culture, leadership, workplace planning and talent management in preventing such legal failures and in improving overall organizational success?
Responses to each question must be informed by outside research. At least two references must be used and cited in this section.
Reflection: (Include a reflection section.) This should cover all of the work in this course. Students must address specific cases or concepts with citations. This section should not be shallow but show some deep reflective thought to receive full credit.

ONLY 1500 WORD ANALYSIS!
you will analyse Dr Martens Air Wair. You will then need to conduct more research about how the Dr Martens’s footwear is being developed, designed and manufactured. The processes involved will be the basis for this assessment.(info attached) Your first task is to provide a summary of the processes involved and identify the key steps in Dr Martens footwear production, imagining that this may be used as a guide by the production consultant.
Your second task is to complete a risk analysis using an appropriate framework you’ve studied. You are to identify eight of the most significant risks and detail how these risks could be mitigated.
Finally, from the steps detailed in the video, identify three key processes and suggest ways that they can be improved using the appropriate methodologies and concepts studied. You are required to detail the steps for each of the processes and justify your reasons as to why these methods have been chosen.
VIDEO LINKS:





In preparing your analysis, you will need to use at least eight (8) sources of information referenced appropriately. Harvard style references(in text as well)

After reading Chapter 5 and reading the powerpoint, discuss a time you employed a method similar to the rational decision-making process to make an important plan or decision at work, college, or home. Was it a successful method for you? Discussion Requirements:
Your original post should be a minimum of 200 words and based on your own unique composition.
Read and respond in no fewer than 150 words to at least two of your classmate’s posts.
Include sources of information (all assignments are geared to be researched regardless of personal experience on the subject matter).
Correct grammar, spelling, and punctuation are expected.

After reading Chapter 6 and reading the powerpoint, discuss any sort of personal benchmarking you might conduct in order to boost your performance as a student, an athlete, or a hobbyist. Provide an example to support your discussion.
Discussion Requirements:
Your original post should be a minimum of 200 words and based on your own unique composition.
Read and respond in no fewer than 150 words to at least two of your classmate’s posts.
Include sources of information (all assignments are geared to be researched regardless of personal experience on the subject matter).
Correct grammar, spelling, and punctuation are expected.

Each student is to select a publicly traded company for which they will prepare a 13-page minimum (excluding cover page, citations, and exhibit section) written case analysis. The student will use APA and submit in a single Word document. The report must include a table of contents, 1-page executive summary (located at the beginning of the paper), and section at the end of the paper for citations and exhibits (refer to APA for proper formatting).
The analysis will include a company profile and address one significant organizational issue in depth for the selected company. The report must suggest how to resolve the issue based on the operational analytics concepts explored in this class. The student should write the report/analysis in a manner that could be presented to senior leadership and used to convince leadership of the findings and to accept the recommendations.
The preparation of this report will require considerable time. It is recommended that students complete as much individual research as possible. Examination of documents such as annual reports will be necessary to determine the direction of the company and its results. Additional information may be secured through journals, personal interviews, newspaper articles, etc.
In a single Word document, submit the the final case analysis through the TurnItIn assignment tool. Similarity must not exceed 20% and all similarities must be properly cited.
Your case analysis must include the following. Use the bullet points as section headings.
Cover page
Table of Contents
Executive summary
Company profile
Identify the most important facts surrounding the case.
Identify the key issue.
Analytical data to support your identification of the issue including charts, graphs, spreadsheets etc.
Specify alternative courses of action.
New data models to support your alternative solutions including charts, graphs, spreadsheets etc.
Evaluate each course of action.
Recommend the best course of action.
Conclusions
Section for exhibits
Section for citations

Concept maps are a graphical tool that is used to visualize meaningful relationships among concepts, processes, or events. It is used as a knowledge representation tool, meaning they basically represent the knowledge structure that we store in our minds about a certain topic. Both simple and complex concept maps consist of two things: concepts and relationships among them.
The concept map focuses on a single concept, process, or event of interest found in the Netflix story. Lines link the related concepts or processes with a word or phrase that describes the nature of the relationship between two components. Concept maps start with broad, general relationships and build on them to create very complex visual models of how many factors interact to produce a given outcome.
Your task in this assignment is to create a concept map, drawing upon the ideas in the Netflix organization as outlined in Chapter 5 of your textbook. Consider:
Netflix is (1) one of the few firms to successfully pilot through disruption while remaining the top firm in two markets (DVD-by-Mail and video streaming), and (2) the firm has experienced wild swings in market perception and stock performance.
The dynamics at work in the old and new businesses are fundamentally different in many key ways that influence product offerings, operating costs, and competitors.
Competitors present uncertainty as Netflix seeks global growth to remain the world’s leading streaming service
Comments from Customer
Discipline: Management info systems
Textbook: information systems a manager’s guide to harnessing technology 2021

Reply to Performance Management Discussion 2
Q – Please read the discussion below and prepare a Reply to this discussion with comments that further and advance the discussion topic.
Please provide the references you used.
Ensure zero plagiarism.
Word limit: 200 to 250 words
Discussion
Performance Management
The performance management system
Performance management is a continual process that encompasses identifying, evaluating, and enhancing individual and team performance in conjunction with an organization’s strategic objectives. This ongoing procedure involves establishing goals and objectives, monitoring performance, and providing continuous feedback and coaching. Managers utilize performance management to ensure that employees’ actions and outcomes align with the company’s objectives, providing the organization a competitive edge. Performance management creates a clear correlation between employee performance and organizational goals, streamlining the understanding of people’s contributions to the organization. (Aguinis, 2023)
Effective performance management is crucial for the success of any business. To better understand this concept, let’s explore some real-life examples of its implementation. Google is widely recognized as a trailblazer in innovative management systems, thanks partly to its commitment to training its managers and leveraging data and analysis to inform their decision-making. Google launched a project to evaluate its managers as part of its performance management efforts. This initiative led to a comprehensive training program and development process to help managers and staff thrive. Additionally, Google relies on a goal-setting methodology called Objectives and Key Results (OKRs), which has proven to be highly effective and has since been adopted by numerous other businesses. (Andreev, 2023)
Also, Cargill, a food producer and distributor based in Minnesota, has over 150,000 employees. The company has implemented an innovative system to replace cumbersome performance reviews. Cargill developed its “Everyday Performance Management” system in response to studies on managers’ frustration with outdated performance management procedures. The method focuses on fostering a positive relationship between employees and managers and integrating daily activities and feedback into problem-solving conversations instead of repeating previous actions. The system is designed to be continuous, and the results have been overwhelmingly positive. According to surveys, 69% of workers found the feedback helpful for their professional development, and 70% felt valued due to the ongoing performance talks with their manager. (Andreev, 2023)
In order to implement an effective performance management system, an organization need to follow the following steps:
Build documentation aligning with your company’s goals, objectives, and culture.
Organize training sessions for managerial staff to explain the continuous performance management process.
Communicate the changes to employees and explain how they will benefit from them.
Managers should observe employee performance and behavior under the new guidelines.
Conduct the first formal review under the new process and discuss the outcome of observations with employees.
Implement necessary training and development to help employees reach their performance goals.
Hold informal catch-up meetings to ensure employees and managers are on track with their obligations and objectives.
Collect anonymous feedback from managers and employees to improve the process.
Assess and implement changes if necessary.
Repeat the cycle and maintain communication with HR if additional support is needed. (Profit.co., 2023)
References
Aguinis, H. (2023). Performance management (5th ed.). Chicago Business Press. ISBN: 978-1-948426-48-0
Andreev, I. (2023). Performance management: Best practices and examples. Valamis Group. https://www.valamis.com/hub/performance-management#:~:text=The%20purpose%20of%20performance%20management%20is%20to%20give,with%20feedback%20and%20offers%20training%20and%20development%20opportunities.
Profit.co. (2023). How to Implement a Continuous Performance Management System?. https://www.profit.co/blog/performance-management/how-to-implement-a-continuous-performance-management-cycle/