WK3_Performance Management Paper Essay Example | Topics and Well Written Essays - 1000 words

WK3_Performance Management Paper - Essay Example At the same time, the role of Human Resource Management (HRM) is perceived to be extremely crucial for attaining the increased performance of an organization (Huselid, Jackson and Schuler 171-188). In order to ascertain comprehensive understanding about the performance management, this paper will critically review the selected article â€Å"Technical and Strategic Human Resource Management Effectiveness as Determinants of Firm Performance†. Furthermore, the article will apply the derived understanding from the article in the context of Ford Motor Company (Huselid, Jackson and Schuler 171-188). SUMMARY OF THE ARTICLE The article is primarily based on the learning relating to the performance management system of different firms in the United States. The article also explains the effective Human Resource Practices that can be utilized for delivering effective performance management practices. It predominately propagates the combination of various strategic HR practices that can p rovide great aid in determining and achievement of the broad objectives of a business. Furthermore, this article highlights the importance and broad functions of technical along with strategic HRM effectiveness. This article critically reveals the relation between effectiveness of HRM and a firm’s performance. ... COMPARISION OF THE COMPONENTS IDENTIFIED WITH FORD MOTOR COMPANY’S PERFORMANCE MANAGEMENT SYSTEM The critical review of the selected article broadly propagated the role of strategic HRM in enhancing the performance of an organization. Additionally, it has been ascertained that the strategic HRM within an organization facilitates in embedding the organizational strategies and policies with HR strategies which ultimately contributes towards increasing the overall performance of the organization. The comparison of the performance management processes as identified in the selected article with Ford Motor Company reveal that there persists certain differences within the Ford Motor Company in their current practice. Essentially, Ford Motor Company believes in maintaining all round transparency regarding the expectations of the company from its employees and further seeks to attain reliable commitment of employees towards the accomplishment of the organizational goals and objectives. On the contrary, the selected article firmly emphasized that the US organizations largely relies upon creating broad strategic HRM practices so as to ensure proper performance management of the employees as well as the organization. Ford Motor Company is also working upon various plans to incorporate new and improved performance management strategies in the future. In contrast the selected article showed that the US organizations primarily believed on statistical analysis and processes as well as on various feedback collection methods on order to measure outcome generated from performance management activities. Nonetheless, it can be argued that the performance management techniques followed by Ford Motor