Analyzing Factors Attributing To Effectiveness of Performance Management System of a Manufacturing Industry

Performance Management System (PMS) is considered as one of the vital aspects of Human Resource Management. PMS is the focus of study in this paper. The effectiveness of Performance Management System of a manufacturing company in Malaysia has been studied. And for this study, factor analysis is cond...

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Main Authors: Panda, Sitansu, M., Waris, Khan, Asadullah, Ullah, Mehfooz, Adeleke, A. Q.
Format: Article
Language:English
Published: Academic Research Publishing Group 2018
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/25139/1/Analyzing%20Factors%20Attributing%20To%20Effectiveness.pdf
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author Panda, Sitansu
M., Waris
Khan, Asadullah
Ullah, Mehfooz
Adeleke, A. Q.
author_facet Panda, Sitansu
M., Waris
Khan, Asadullah
Ullah, Mehfooz
Adeleke, A. Q.
author_sort Panda, Sitansu
collection UMP
description Performance Management System (PMS) is considered as one of the vital aspects of Human Resource Management. PMS is the focus of study in this paper. The effectiveness of Performance Management System of a manufacturing company in Malaysia has been studied. And for this study, factor analysis is conducted. Different factors attributing to effectiveness of Performance Management System have been extracted and the study highlighted that Reward and Development, Continuous Communication and Departmental Development, Standard and Goal Setting, Developing HR Systems, Policy and Tool for Performance Management, Performance Measurement, Performance Linkage to Payment Decisions, Fairness for Employee Appraisal, Implementation and Employee Control, and Performance Review and Employee Recognition are the factors responsible for PMS Effectiveness. It has been suggested for taking developmental measures to enhance the existing Performance Management System contributing more for the benefits of organization and also for the betterment of the employees of the organization. Firstly, the importance of Performance Management System and the factors attributing to its effectiveness have been discussed in the introduction section. Secondly, relevant literature is being reviewed. It is followed by discussion about the methodology adopted in this study. Fourthly, results pertaining to this study and their analysis have been discussed in detail. Finally, concluding comments have been mentioned.
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spelling UMPir251392019-06-21T08:12:53Z http://umpir.ump.edu.my/id/eprint/25139/ Analyzing Factors Attributing To Effectiveness of Performance Management System of a Manufacturing Industry Panda, Sitansu M., Waris Khan, Asadullah Ullah, Mehfooz Adeleke, A. Q. HD28 Management. Industrial Management Performance Management System (PMS) is considered as one of the vital aspects of Human Resource Management. PMS is the focus of study in this paper. The effectiveness of Performance Management System of a manufacturing company in Malaysia has been studied. And for this study, factor analysis is conducted. Different factors attributing to effectiveness of Performance Management System have been extracted and the study highlighted that Reward and Development, Continuous Communication and Departmental Development, Standard and Goal Setting, Developing HR Systems, Policy and Tool for Performance Management, Performance Measurement, Performance Linkage to Payment Decisions, Fairness for Employee Appraisal, Implementation and Employee Control, and Performance Review and Employee Recognition are the factors responsible for PMS Effectiveness. It has been suggested for taking developmental measures to enhance the existing Performance Management System contributing more for the benefits of organization and also for the betterment of the employees of the organization. Firstly, the importance of Performance Management System and the factors attributing to its effectiveness have been discussed in the introduction section. Secondly, relevant literature is being reviewed. It is followed by discussion about the methodology adopted in this study. Fourthly, results pertaining to this study and their analysis have been discussed in detail. Finally, concluding comments have been mentioned. Academic Research Publishing Group 2018 Article PeerReviewed pdf en cc_by_4 http://umpir.ump.edu.my/id/eprint/25139/1/Analyzing%20Factors%20Attributing%20To%20Effectiveness.pdf Panda, Sitansu and M., Waris and Khan, Asadullah and Ullah, Mehfooz and Adeleke, A. Q. (2018) Analyzing Factors Attributing To Effectiveness of Performance Management System of a Manufacturing Industry. The Journal of Social Sciences Research (S.I. 6). pp. 907-914. ISSN 2411-9458. (Published) https://ideas.repec.org/a/arp/tjssrr/2018p907-914.html https://doi.org/10.32861/jssr.spi6.907.914
spellingShingle HD28 Management. Industrial Management
Panda, Sitansu
M., Waris
Khan, Asadullah
Ullah, Mehfooz
Adeleke, A. Q.
Analyzing Factors Attributing To Effectiveness of Performance Management System of a Manufacturing Industry
title Analyzing Factors Attributing To Effectiveness of Performance Management System of a Manufacturing Industry
title_full Analyzing Factors Attributing To Effectiveness of Performance Management System of a Manufacturing Industry
title_fullStr Analyzing Factors Attributing To Effectiveness of Performance Management System of a Manufacturing Industry
title_full_unstemmed Analyzing Factors Attributing To Effectiveness of Performance Management System of a Manufacturing Industry
title_short Analyzing Factors Attributing To Effectiveness of Performance Management System of a Manufacturing Industry
title_sort analyzing factors attributing to effectiveness of performance management system of a manufacturing industry
topic HD28 Management. Industrial Management
url http://umpir.ump.edu.my/id/eprint/25139/1/Analyzing%20Factors%20Attributing%20To%20Effectiveness.pdf
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