Evaulating Performance Management [CLOs: 1, 2, 3]
Traditional performance management systems tend to be more punitive systems of ranking and rating past performance rather than productive systems with a focus on developing and promoting better performance. Many contemporary organizations believe that traditional performance management needs to be replaced with less formal and more frequent performance discussions. Read the Performance Management Is Broken: Replace “Rank and Yank” With Coaching and Development (Links to an external site.)Links to an external site. article, and analyze how this method affects organizational morale and organizational empowerment. The article also discusses the need for more coaching and development. Compare and contrast the rank and yank system with the coaching and development method. Evaluate what changes would need to be made to stop “ranking and yanking” and increase coaching and development.
Your initial post must be a minimum of 300 words. Support your statements with at least one scholarly and/or credible source. Scholarly, Peer Reviewed, and Other Credible Sources (Links to an external site.)Links to an external site. table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.