Design Of The Optimized Scheme For The Performance Management Of The Han's Laser NE Division

Since the first establishment of Limited Inc,the human resource management has attracted greater administrative attentions.The performance management is the core of human resource management,which plays a critical role for the growth of a company.The frequently used tools for performance management of modern enterprises are MBO,KPI,360°,and BSC.They are developed by professional tool vendors for general purposes of human resource management.They lack certain functions for some critical tasks in our department and company.The NE Division is a new branch of Han's Laser.Its responsibility is to design and manufacture equipments to make batteries for new energy and electric automobiles.Almost two thirds of the employees in our branch are research and development engineers.The rest are responsible for production,sales and administration.Most of our products are customized by client's orders.Therefore,we must meet the deadline,quality and cost requests of the clients.The currently available performance management tools are not able to meet our needs.Based on the MBO,KPI,360° and BSC,we adopted the existing performance management system with great optimization in order to meet our own requirements.We started this paper by introducing a few incentive theories including Maslow's Hierarchy of Needs,ERG theory,Equity Theory,and Expectancy Theory.Then,we conducted an analysis of the current concerns of the Han's Laser NE Division.We listed the concerns,proposed the effective performance management systems and performance evaluation contacts.We also answered questions from the associates who were affected throughout the process of this performance management system.Finally,we listed the backup means in order to carry out this new optimized plan.Since the placement of the optimized performance management system,we have observed a lot of improvements in our working force effectiveness in the Han's Laser NE Division.Due to the time limitation of the placement,the new system may not be able to cover all concerns yet.When we use this system,we will closely monitor the unexpected issues and problems.We will continue to enhance and improve this system,and remediate the merging issues in order to contribute this system to performance management of similar enterprises.