Organizational Change, Learning and Performance management
Presently, organizations have become a complex phenomenon, which requires numerous functions and strategies to manage the human resources. In today’s world there is a great need for organizational change and learning from time to time because of increasing globalization and technological advances. Proper plans and policies should be framed for implementing organizational change (Allen & Kilman, 2001). Organization learning and change manage the performance of the employees in the organization.
Performance management system supports the continuous improvement of knowledge, skills and performance of the employees. This system is required for the overall development of the individual employees, the dyads, teams and the entire organization. It helps in increasing the productivity and efficiency of the employees. It evaluates the performance of the employees and helps them in developing their future potential (Fisher, Schoenfeldt & Shaw, 2004).
Organizational change is the alteration of work environment in an organization (Mabey, Salaman & Storey, 1998). It implies a new equilibrium between different components of the organization such as technology, structural arrangement, job design and people. It is a continuous process between the employer and the employee to improve the performance and avoid poor performance (Roberts, 1994). It maintains the equilibrium between various external and internal forces to achieve organizational goals.
Organizational learning management is a system, which is used for tracking, allotting and reporting the training needs of all the employees (Dick, 2009). Recently, the role of organizational learning has increased. It is a powerful tool that is being used by the managers to improve the performance of the individuals and organization as a whole (Schuler, 1992).
One of the best examples of performance management through management of learning and change in the organization is the reward system. A reward system can be anything that attracts an employee’s attention and stimulates him to work. It is a systematically planned program to motivate individual or group performance. The way in which an organization can fulfill its dream with the help of its employees, is to share the dream with them. According to the scholar Deeprose, reward system gives motivation and encouragement to the employees to work for the organization.
They are far more than just bonus plans and stock options. Reward systems mostly include various awards, recognition, promotions, reassignment, non-monetary...