Business plan Essay Example | Topics and Well Written Essays - 1000 words

Business plan - Essay Example Quality performance in the organization is also aimed at improving the overall performance of the company. If it is performing well, this entails that its productivity also increases. This will help the organization to operate viably in the long run. This will also help the company to attract more customers which can positively increase its market share. Performance management Performance management is defined as â€Å"an approach to managing employees which is concerned with planning employee performance, facilitating the achievement of work related goals and reviewing performance and these are seen as methods of motivating the workers in order to achieve their full potential in line with the organisation’s objectives.† (Spangenberg, 1994 as cited in Swanepoel, 1998). At Disney Restaurant, performance management will be an ongoing process which will involve planning, managing, reviewing, rewarding and development of performance of the employees. The aim of this particu lar strategy is to establish the level of performance of the employees. This will also help the management to implement measures that are designed to improve the performance of the employees. ... ewards and incentives can be used to motivate the employees to put optimum effort in their performance so that they can positively contribute to the productivity of the organization. At Disney Restaurant, this will be achieved through the use o a performance appraisal system. Basically, performance appraisal is a formal and systematic method that is used to investigate the job relevant strengths and weaknesses of the employees and it is also used to develop the performance of the workers (Swanepoel, 1998). The major aim of performance appraisal is to improve the performance of the employees and this method will be used to gather information about the employees who can be considered for rewards and incentives. This strategy of offering rewards and incentives is very effective in as far as performance improvement of the employees is concerned. If the employees are aware that they will get rewards from their outstanding performance, it can be seen that they will also put optimum effort in their work. This will also motivate other employees to work hard in their assigned tasks since they will also be anticipating to get rewards from their handsome work in the company. Daily management In order to effectively manage the employees as well as their activities at Disney Restaurant, the management will try to interact with the workers on a daily basis. An open communication channel will be implemented in the organization where the employees and their managers will constantly interact on a daily basis. One important aspect that ought to be taken into consideration by the management is to give feedback to the employees so that they know if they are performing within the expected standards in the organization. The managers should give the employees certain tasks and they will