Minor Project 1 is a Performance Management Audit. Locate a business near where you live that is willing to let you conduct a Performance Management Audit. Use the material from units 1 and 2 of the textbook.
Learn if the business has a performance management system — formal or informal.
Find out form senior managers how performance is measured.
Interview an employee about the employee’s experience with the business’ performance management system.
Evaluate performance measures for validity and reliability.
Evaluate performance feedback loops for frequency, accuracy, and helpfulness to the employee.
Evaluate motivation/reward systems in use to encourage performance.
Write your findings in a business memo format (MSWord has templates for memos) written to the senior management of the firm.
