Research On The Improvement Strategy Of HKX Company Performance Management

In the new normal economy of our country,various new situations emerge in an endless stream: capital,land and natural resources' scarcity degree is increasing,and the market demand for products is more diversified.The trend of capitalization and valuation of human resources is significant,and enterprise talent mobility is increasing.If the enterprises want to break the resource and environmental constraints in the New Normal,they must rely on science and technology and management innovation.As the main carrier of technology and management innovation,human resources' importance is self-evident[1].Thus,in terms of human resource management,enterprises should keep the pace with the times,and actively meet opportunities and challenges brought by the New Normal.As China's consumption level rise,the retail industry is also gradually growing stronger and stronger,and the large number of competitors swarm into the industry unceasingly.In recent years,the development of the online retailers model has brought great “shock” to the department store industry.As representative of the traditional retail industry,the department store is faced with the tremendous pressure.To survive in the field of survival of the fittest in the battle,the department store must accelerate the pace of reform,and adjust the development strategy.Among them,the most important part is the "talent management".The key part of talent management is performance management.Management practice shows that effective performance management plays a key role in constructing the core competitiveness of enterprises,as well as is an important tool for implementation of strategic objectives and talent management.This paper takes a private enterprise in positive growth——HKX company as the research object.First of all,based on the performance management theory,through interviews,questionnaires and other methods,the paper conducts in-depth field investigation in performance management of the company.Then,combining the current situation of performance management with strategic planning goals of HKX company,the paper does in-depth analysis to find out the main problem in performance management of HKX company.What is more,the paper analyzes the employee competence status by using the AVB questionnaire to find out that the key factors that restrict the company to achieve its strategic development goals are mainly referring to performance management system's disadvantages and mental capitals.Finally,facing with the restricting factors existing in the performance management of HKX company,combined with the company's new normal environment and the characteristics of private enterprises,this paper offers the reasonable proposals for reference which are in order to improve the HKX company's human resources development to provide a competitive advantage,and help companies build efficient team of employees.These proposals are conducive to break through the existing difficulties of the development and obtain the competitive advantage to achieve their strategic goals.These proposals also provide reference for performance management improvement for private enterprises in the same industry.