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What is the purpose of a Performance Management System?

• To randomly assign tasks to employees

• To provide entertainment for employees

• To track the performance of employees in a consistent and measurable manner

• To discourage employees from achieving organizational goals

What is the role of the Controller in an organization?

• Responsible for raising capital and managing investments

• Responsible for the accounting aspect of management control

• Commands and gives orders for operational activities

• Supervises activities supporting organizational mission indirectly

What is the importance of aligning Performance Management Systems with organizational strategy?

• Reduces employee motivation and engagement

• Creates confusion among employees regarding their roles

• Ensures employees are aware of what is expected of them and how their contributions fit into the organization's objectives

• Hinders organizational agility

What are the legal principles affecting Performance Management?

• Employment at will, Negligence, Defamation, Misrepresentation

• Health and safety regulations, Environmental sustainability, Corporate social responsibility, Quality management

• Performance appraisal, Training programs, Employee recognition, Job rotation

• Employee of the month, Team-building activities, Performance bonuses, Annual leave

Why is fairness in performance evaluation crucial?

• Ensures employees are assessed and rewarded based on their actual performance rather than biases

• Encourages favoritism and prejudice in decision-making

• Promotes unfair evaluations based on subjective factors

• Hinders the effectiveness of the performance management system