Research On Performance Management Optimization Of AD Electric Company

Performance management is of great significance for the future development of a company.Performance management is the driving force for enterprise development,which can explore the maximum value of enterprise performance management and enhance the combat effectiveness and cohesion of the team.With the intensification of market competition and the increasing complexity of business,the demand for performance management by enterprises is increasing,and some problems in performance management are gradually exposed.AD Electric Company is a production and manufacturing enterprise focused on intelligent distribution and transformation equipment,belonging to a labor-intensive industry.As a small and medium-sized production and manufacturing enterprise,in the early stages of the company’s development,its primary task is business expansion,and management is in the early stage,relying on the quality and ability of employees to solve most problems,resulting in relatively low management costs.With the continuous expansion of the enterprise’s scale,its business activities have shifted from a single marketing agency business to a full process business from design,production,marketing to installation and after-sales.At the same time,it also requires brand building and external communication,which brings great management challenges to the enterprise.Enterprise managers need to invest a lot of energy,from building organizational structures to setting up processes,analyzing market data,to coordinating various aspects of enterprise management,resulting in a huge amount of work coordination.Due to unclear decision-making mechanisms,performance evaluation and incentives,enterprises are gradually falling into a state of inefficiency,and therefore there is an urgent need for organizational change based on performance management.In the context of social change and globalization,enterprises are facing increasingly fierce market competition,and how to improve employee performance has become a problem that many enterprises must face.Therefore,this article focuses on studying the role and impact of performance management,and adopts rich research results both domestically and internationally to sort out the theoretical foundation of this field.Taking AD Electric Company as an example,this article provides a detailed analysis of the company’s organizational structure,personnel allocation,and development of performance management,and explores the implementation of its performance management strategy.Through extensive investigations of management personnel and enterprise employees,we have learned about the specific needs of performance management in different positions,as well as the feedback and opinions of employees on performance management measures.At present,AD Electric Company has problems in performance management,such as unclear authorization and job responsibilities,unclear performance evaluation indicators,and incomplete performance incentive mechanisms.Subsequently,this article analyzed the reasons for these problems,such as managers’ lack of attention,unreasonable assessment indicators,and insufficient incentive mechanisms.In order to better optimize the performance management of AD Company,it is necessary to develop corresponding strategies and plans during the implementation process.In determining performance indicators,company level and department level KPI indicators can be added based on the overall situation of the enterprise and different departments.This can comprehensively evaluate the performance of the enterprise and assess the contributions of different departments from multiple perspectives,thereby ensuring the long-term development of the entire enterprise and ensuring the standardization and scientificity of performance management.In terms of communication and incentive mechanisms,it is suggested that companies should pay attention to employee participation and communication,so that employees can feel the company’s importance and support for them,and better engage in their work.Through appropriate management measures,employees’ work enthusiasm,self motivation ability,and professional skill level can be improved to achieve the goal of improving employee work efficiency and quality,thereby promoting the development of the company.In addition,when conducting performance management,it is necessary to strengthen the supervision and evaluation of the performance management process,identify problems in a timely manner,correct and improve them to ensure the scientific and effective nature of performance management.In the process of implementing performance management,corresponding supervision mechanisms and evaluation standards need to be established to ensure the scientific and normative nature of performance management.Through continuous supervision and evaluation,problems in performance management can be identified and solved,Improving the effectiveness and quality of performance management provides a more solid guarantee for the sustainable development of enterprises.In summary,this article proposes a series of optimization ideas and suggestions for AD Electric Company’s performance management problems,including optimizing performance indicators,optimizing the implementation process of performance management,emphasizing employee participation and communication,and process supervision and evaluation.These suggestions can help enterprises conduct performance management more scientifically,explore their potential and advantages,and improve their competitiveness and development potential.In addition,these ideas and suggestions can provide reference and inspiration for other enterprises in performance management,to help them develop more scientific and effective performance management strategies and plans.