Comparison, contrast and evaluation of the business case for the use Essay

Comparison, contrast and evaluation of the business case for the use of high performance in the two organizations - Essay Example In short, it is a collaborative and a continuous process conducted between a supervisor and employee in order to plan, develop and evaluate employee’s performance. Effective performance management aligns the efforts of supervisors and the employees by helping the employees to perform at their best to reach their goals and ensures that the performance management system conducted with fairness and transparency. Hence, ongoing performance management of the employees helps the organization to monitor the performance of employee’s achievements goals (University of Virginia, 2010). Comparison, contrast and evaluation of the business case for the use of high performance in the two organizations TCS and Air India are two big Indian organizations, which obviously from their diverse sectors have something in common. However, Air India and TCS have been taken to show the contrast as well as the comparison existing between the two organizations in case of performance management sys tems. Performance Management system in TCS considered as a velocity centre of an organization. In addition, TCS a private sector enterprise and largest IT Company in India, has a full-bodied appraisal system, where appraisal system based on balance score card, which is conducted at the end of the year or at the end of the project. However, in January 2008 the appraisal system was conducted, it was seen that the employees who received a rating of two in performance improvement plan, which was for a fixed period and based on this plan they were given an additional training in order to improve their performance. In the absence of improvement in performance, employees were given the option to resign (Dezzler & Varkkey, (2009). Performance Appraisal is not implemented as a continuous process in Air India, whereas in TCS the employees gain the advantage of receiving the rewards for their performance for a longer period in terms of achieving its goals. The reason behind the high performanc e of the employees in TCS is that, the employees performance are being appreciated and recognized by their supervisors which leads to bring the improve productivity in the organization. However, the performance of the employees in the Air India compared to TCS is comparatively low. Various kinds of rewards like long service awards and offering performance based annual increment to the high performers, generally motivates the employees to contribute towards high performance in the workplace. In Air India, reward systems generally related to performance, which was first, introduced at the Senior Executive Service in the organization and Senior Officers were considered the detached employees in the public sector. Therefore, according to Mac, there are many public sector firms, which had taken some long steps in rigorous way while dealing with issues related to performance of the employees (Australian Government, 1968, p.17-18). The main motive behind conducting performance appraisal in TCS is based on the

Professional Project Dissertation Example | Topics and Well Written Essays - 6000 words

Professional Project - Dissertation Example Based on critical analysis and assessment, a group of entrepreneurs can determine the best option for their organization. It was based on such critical analysis that owners the ABC organization chose two of the three options, which are merger and acquisition. This M&A will be between a Dutch and Japanese Organization. In business or finance, merger occurs when one organization is united with another one in such a way that the separate organizations coming together begin to share all profits and loss. To this end, the Business Link Journal (2010) explain that â€Å"A merger is when you integrate your business with another and share control of the combined businesses with the other owner(s).† acquisition on the order hand occurs when one organization buys an entire organization, inheriting all its asserts and deficits and becoming the outright owner of the bought company. The Business Link Journal (2010) explains that â€Å"An acquisition is when you buy another business and en d up controlling it.† Drawing the difference between merger and acquisition, the Economy Watch (2011) argues that â€Å"Mergers occur when the merging companies have their mutual consent as different from acquisitions, which can take the form of a hostile takeover.† What is peculiar about ABC’s move is that the intended merger and acquisition is to take place between organizations of different cultural and national backgrounds. There is thus a situation whereby management has to deal with the fact that there will be employees from different cultures who must be resourced and managed in such a way that their diversity would produce benefits instead of demerits. This dissertation has therefore been set out to identify and examine how these two cultures – Japanese and Dutch will impact on staff morale in the merger. It is also about how organizational cultural change affects or influence staff morale. The professional project is divided into six major compone nts. The first section is the introduction which provides a brief overview of the whole project by outlining the workplace context, giving information about aspects of the researcher’s professional background that is particularly relevant to the professional project and giving details about who are involved in the project. The second session is dubbed literature review and it is committed to reviewing literature relevant to the research problem. There is also the approach, which provides information about what I did, how I did it, who was involved, when it was done and where it was done. Again, there is the section for findings where the researcher makes known, the data that was collected. After the findings, the researcher undertakes a reflective discussion of the findings and closes the professional project with a conclusion. The professional context of the researcher in relation to this project is that the researcher is a worker at the human resource department of his orga nization. Due to this, he has a responsibility ensuring the welfare and improved morale of his own employees. The project on ABC Organization would therefore be a test ground and a learning platform for him to translate to his own organization. Participants of the project are therefore mainly employees of various organizations were there is an intercultural employee system in place. The major role of these