Reward Management Influences HR Performance

By Johnny C.H. Lok

⦁Good reward management strategy influences corporate strategyIn my opinion, it is very important how to implement one effective human resource (HR) management strategy, such as the development, award ( compensation) management, learning and training ( talent mangement), job evaluation ( performance management review or appraisal, selection and recruitment activities. Because if the organization can achieve one effective HR strategic plan, then it will influence its organizatinal corporate strategy to achieve more successful. Otherwise, if it can not implement on effective HR strategy, then it will not influence its organizational corporate strategy to achieve more successful. I shall give my opinion to explain as below: Ong Teong, W (2010) explained that one organization hopes to acvieve corporate strategic success. It needs to implement a result-management system to achieve results through and with people. The steps include: The first step is strategic focus: product/service delivery process, operation process flow, functional analysis, performance expectations and operation manual elements. Then second step, it divides two channels. The first channel is from stragic focus to achieve employee performance result as well as the another channel is to plan the management management( expectation), it includes: keu results areas, key performance indicates and target elements of action plans.Then, it will implement the third step of performance management and review, it includes: evaluation: motivating, communication, coaching and counseling. Next it will bring two channels to the fourth step, the first channel is either it brings control to implement the performance appraisal and the performance appraisal stemp will give feedback to the first step of strategic focus again as well as the another channel is to give feedback to performance measurement second step again.

• Format: Paperback
• Language: English
• ISBN: B08P3LXT6G
• ISBN13: 9798573873527
• Release Date: January 1
• Publisher: Independently Published
• Length: 124 Pages
• Weight: 0.58 lbs.
• Dimensions: 0.3" x 8.0" x 10.0"