performance management systems are important in organizations. However, there are many performance management systems that organizations can use.

1. Explain the importance of performance management systems and what organizations must consider when selecting the best performance management system.
2. Select three performance management systems and explain the following:
   • The benefits of each system
   • The drawbacks of each system
3. Then, explain what type of organizations would benefit from each of the performance management systems identified. For example, provide details about why performance management system X be best in Organization X.

Requirements:

• Write a 6-7 page paper, or about 2300 words, not including the title and reference pages, which are required.
• Your paper must be properly cited and formatted according to the APA formatting.
• Include a formal references page. This is an individual paper; however, you should reflect on our discussion forums and incorporate ideas from there, as appropriate.
• You must support your analysis with at least five scholarly references, and can include resources from this course.
• For this assignment, a credible source is defined as:
  • A scholarly or peer-reviewed journal article.
  • A government-based website or publication.
  • A trade or industry journal article, publication, or website, including those from trade organizations such as SHRM.org and TD.org.

• Answer preview

• Effective performance management is critical to the success of any organization. This is because performance management helps organizations align their resources, employees, and systems to successfully achieve their strategic objectives. A performance management system is a systematic approach that helps organizations to measure how their employees are performing. Through this process, organizations can be able to align their objectives, goals, and missions with the available resources…

(2400 words)