MGT 462 Chapter Notes - Chapter 9: Organization Development, Performance Management, Organizational Structure
Document Summary
Linking organization strategy to compensation and performance management. Organizational strategy is the guiding force that determines what kinds of employees behaviors are needed. Organization strategy > corporate goals > sbu goals > department/team goals (can lead to employee team results) > individual goals (can lead to employee task behavior) Pay and other rewards should reinforce desired behaviors. Skill requirements - composite of experience, training, and ability as measured by the performance requirements of a particular job. Knowing in advance about needed changes makes timely completion easier. Compensation should be sufficiently attractive to making recruiting and hiring good potential employees possible (attraction) Need to make sure the good employees stay with the company (retention) Need t find ways to motivate employees to perform well on their jobs. To take their knowledge and abilities and apply them in ways that contribute to organizational performance. Provide a wide array of unclear performance awards beyond just awards beyond just measures money money.
