The objective of the Samsung is to
accomplished vision to run this organization smoothly.
To create their network in the
entire world (Miller, D., & Lee, J., 2001).
There are many other purposes of
the Samsung Company as;
Documentation,
Organizational Maintenance,
Developmental,
Informational,
Administrative and Strategic
Systems
of the Samsung
Then after this in the second
step Systems will be analyzed critically. This sections
will be containing on the;
Defining and measuring results
Appraisals: A quantitative
evaluation of achievements in regard to set objectives
Compensation
The performance of the employees of the
Samsung can be measured by Task and contextual performance.
Defining
and measuring results
The system of the Samsung is
consisted on the well-defined technology as well as the good system to measure
the performance of the Samsung.
The mangers of Samsung can
measure the performance of the employees by using the combination three factors
such as;
(1) Declarative knowledge,
(2) Procedural knowledge,
(3) Motivation.
Combination of three factors
allows some people to perform
at higher levels than others in the Samsung
The performance of the employees
can be measure by using this formula in Samsung
Performance = Declarative
Knowledge * Procedural Knowledge * Motivation
Appraisals
of the Samsung
Appraisals leads towards the appraising of the
employees at Samsung.
The HR mangers of the Samsung folly the
particular process for the performance appraisal.
Establishing
performance standards
Communicating the
standards
Measuring the actual
performance
Comparing the actual
with the desired performance:
Discussing results
Decision making
Compensation
on Performance Management System of the Samsung
The Hr department of the Samsung have good strategy
to provide the accurate compensation to their employees.
To ensuring the objectivity and transparency
of the decisions The Compensation Committee
was established in Samsung
To
assessing the appropriateness of Director Compensation the Committee is responsible.
The HR mangers
provides the intrinsic and extrinsic both rewards to their employees.
The
incentives are also provided to the employees for enhancing their performance (Joo,
B. K. 2010).
In the third section of this paper the Implementation Factors will be analyzed
critically. It includes;
Communications plan,
The appeals process,
Training programs for raters,
The pilot test for performance management
system of Samsung
Communications
plan of the Samsung
The communication plan of the Samsung is
consisted on the four major phases of the plan which are;
Preapproval: The top
management of the Samsung is committed and involved in to the process of change
Developing
the need for Change: Steps which are taken to ensuring the success and communicating
the need.
Midstream
management: Feedback is analyzed by
the continue data form and then Plan is adjusted accordingly.
Confirming
the process of change: The plan results are shared to holding the celebrations of the achievements
(Kaliannan, M., & Adjovu, S. N., 2015).
Technology
required for communication
Corporate blogs
Video conferencing
Emails
Social media
Telephone Skype
Video print and electronic newsletter
Phone services of translation and translator
Corporate blogs
WebEx
The
appeals process of the Samsung
The notice of appeals is referred as the paper
which is filed to starting the appeal process.
It is known as the simpler form but the time
of the file is too short.
In Samsung the served copy of the judgment is
required for filling an appeals.
The deadline for filling an apples is only 30
days.
It means the employee and employer can sue on
each other with in thirty days in case of any clash.
Training
programs for raters of the Samsung
There are two major strategies which are
commonly used by the HR of the Samsung to improve the rating accuracy.
Development of the rating scales
Rater training
At the Samsung the training of the rater has
become the most accepted strategy
To improve the quality of the ratings
performance the programs of the rater training are considered as effective.
There are two major benefits of
Rater training as;
The knowledge and skills of the
raters can be enhance
The raters can be motivates by
using the skills and knowledge from the training program.
The
pilot test for performance management system of Samsung
Test the version of entire system
for adjustments and revisions
Difficulties encountered noted
System is implemented in its
entirety from beginning to end
The system can be automated
Select employees with whom the system
would be tested
HR Manager have regularly meeting
stakeholders and making adjustments accordingly, the organization can safely
launch the system (Nust na 2019).
In the fourth section of this report Employee Development Considerations of
the Samsung will be analyzed. In this section the development plan will be
created. It includes;
Development objectives
Development of skills
A timeline for acquisition
Standards and measures for accessing
improvements
Development
objectives of the Samsung
The major objective of the Samsung is the accomplishment
of the positions of the leadership (Nycourts Gov 2019).
Currently, to facing the completion from the
Apple Inc the Samsung holds second positions.
The objectives of the Samsung are consistent
with the expectations for the customer (Notebookchec 2019).
The accomplishment of the major goals of the Samsung
are;
Delivering high quality of goods
Taking leadership positions in Tech industry
Higher profits
Utilizing the latest technology
The objectives which are ensure increase in
sales and firms retains customers
Development
of skills of the Samsung
Skills create opportunities and
connect societies
In the Samsung the training programs are
provided to the employees for enhancing the skills.
The skills are developed for creating the
innovation.
To achieving the objectives of the
organization new innovative skills are developed and then educate employees for
all of these skills.
Samsung Tech Institute are established for
the development of the skills (Bernthal, P. R., & Wellins, R. S., 2001).
A
timeline for acquisition of the Samsung
Samsung recognized as globally with the
success of its electronic business.
This comply is newly raked at top 10 global
brand
The time line of the acquisition of the
Samsung is given from 2005 to 2018
Years
|
Acquisition
History
|
2005
|
Became the official sponsor the Chelsea and develop worlds 50
nanometers
|
2006
|
Became #1 in global tv market share
|
2007
|
Official Olympic technology sponsor
|
2008
|
Established Tv manufacturing in Russia
|
2009
|
Developed the world first 40 nanometer DRAM
|
2010
|
Merge with Samsung digital imaging
|
2011
|
Signed patent sharing license
|
2012
|
The LCD business was sent to the Samsung mobile display
|
2013
|
Launched galaxy S4 in global market
|
2014
|
Released the world first 105 curved UHD TV
|
2015
|
Maintain number 1 position in global market
|
2016
|
Announced plan to acquire HARAMAN
|
2017
|
Completed acquisition of HARAMAN
|
2018
|
Launched QLED 8K and world first modular TV ‘The Wall”
|
References on Performance Management System of the Samsung
Notebookchec. 2019. Samsung sets objective for 2018
at 320 million smartphone shipments, company to focus on higher profit margins.
https://www.notebookcheck.net/Samsung-sets-objective-for-2018-at-320-million-smartphone-shipments-company-to-focus-on-higher-profit-margins.275988.0.html.
Nust
na. 2019. IMPLEMENTATION Of PMS.
https://www.nust.na/sites/default/files/documents/APM812S_Unit%204%20Implementing%20of%20PMS.pdf.
Nycourts
Gov. 2019. Appeals Basics.
http://nycourts.gov/courthelp//AfterCourt/appealsBasics.shtml.