I will pay for the following essay Comparing strategies: performance management in action. The essay is to be 6 pages with three to five sources, with in-text citations and a reference page.Download f

I will pay for the following essay Comparing strategies: performance management in action. The essay is to be 6 pages with three to five sources, with in-text citations and a reference page.

This requires rational thinking and attempts in order to arrive at the best solution (Melvin, 2010). In an attempt to lay out strategies that will bring results, managers should keep in mind that success is not guaranteed by extensive planning since there will always be surprises and unexpected events. Nevertheless, for a strategy in performance management to work, there is need for knowledge and understanding in keys areas such as managerial and business environments. why performance management is required. knowledge on how to mobilize people to meet and surpass their objectives and sustain competitive advantage. and effectively communicate the links between personnel development among others (Bangs, 2002).Vivid knowledge and understanding in these areas will enhance the performance management strategies towards success. First and foremost, a proper understanding of management of the business environment is essential for performance management strategies to work. There are two major types of business environments namely the macro environment and the micro environment. The macro environment consists of factors that affect businesses, but they cannot exercise control over them. Some of the major areas that make up the macro environment are the political - legal environment, technological environment, and social cultural - environment. On the other hand, the micro environment influences the business and at the same time the business has much control over it unlike the macro environment, which comprises of seven large parts. These parts include employees, owners and the board, consumers, contractors, competition, financial organizations, and the government. All these environments are interrelated and, therefore, form a vital part in performance management strategy. For instance, a social-cultural environment with a very high population which translates to a high potential market will subsequently require a large number of employees to satisfy that market (Ellis, 2010). However, in relation to employees and political-legal environment, there are laws and policies set in place concerning handling and treatment of employees in a working environment. Therefore, both the macro environment and micro environment play a major role in performance management strategies (Hiriyappa, 2009). Even so, the employees are the centre of performance management strategies, for the reason that, a performance management strategy is established on supplying a vivid understanding of employees' obligations and privileges related to a given position. For example, in Nampak’s case study, Eric Collins, a managing director at Nampak Plastics Manufacturing business says that it had been a tradition for manufacturing businesses like Nampak, to be focused on cost with an outlook on investment in processes and machinery since labour was cheap thus forsaking the process of investing in people. This traditional act in Nampak usually brought results, but in every month there were 25 customer complaints at Paul Noble's, the plant manager at the Gloucester site. This happened bearing in mind that Nampak relied on three main customers with contracts that were to be renewed in the following years, due to a lack of procedures on people management at Nampak.