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

Business plan - Essay Example step effect in the organization is also spirited at improving the overall deed of the company. If it is performing well, this entails that its productiveness also increases. This will protagonist 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. exploit watchfulness Performance management is defined as an approach to managing employees which is concerned with planning employee performance, facilitating the achievement of make for related goals and reviewing performance and these are seen as method actings of motivating the workers in order to achieve their full potential in business sector with the organisations 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 e mployees. The aim of this particular strategy is to assemble the level of performance of the employees. This will also help the management to implement measures that are designed to break the performance of the employees. ... ewards and incentives can be usaged 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 reading about the employees who can be considered for rewards and incentives. This strategy of offering rewards and incentives i s very effective in as removed 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 separate 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 conversation 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 veritable tasks and they will