Performance Management Problems and Suggested Solutions

Topic 

Performance Management Problems and Suggested Solutions

Instructions

1. As the HR Manager of Australian Travel InsuranceCo, identify and analyze the problems at the
   company in relation to performance management.
2. Recommend two practical solutions for Australian Travel InsuranceCo to help in refining and
   improving their performance management practices.

Answer Preview

The CEO of the Australian Travel Insurance has implemented significant changes in the way performance appraisal is done in the organization.  The changes are considered evidence-based and can potentially revolutionize the firm’s performance. However, the organization seems to be facing certain challenges that are hindering the realization of the intended benefits of the new changes, as discussed in this section.

First, it appears that the new performance appraisal system is complex. It violates the idea that the human resource managers should keep the performance appraisal process clear, simple, and straightforward (Silvi et al., 2018). The employees and the team leaders seem to have difficulties understanding and participating in the implementation of the new performance management approach. For instance, the new system combines both individual and group levels performance analyses.

Word Count: 1800