Mr. Bradley, our firm Atwood and Allen Consulting will give you a basic structure of a performance management plan for Landslide Limousine suggesting what you can do for your employees. The management plan can help your company set precise guidelines that we advise your company to help create opportunities for your employees.
For this company to succeed, a sensible plan for Landslide Limousine for the twenty-five employees is expecting to generate $50,000 annual net revenue for the first year. The company then is expecting to have a 5% increase for the next couple of years. The limousine company is predicting an annual 10% employee turnover, and for the company to meet its goals, it will need to implement the performance …show more content…
Bradley, the organization, could be at risk of missing opportunities to develop key talent and puts the entire company in jeopardy of losing its competitive edge. It is crucial that Landslide Limousine Service review the strategic plan with business partners and analyze the goals and the objectives for the short and long term. Landslide Limousine Service should benchmark against another limousine company and also review the career site to see what skills and abilities that other company are hiring. Landslide Limousine Service should analyze the current workforce’s skill set by conducting performance evaluations and skills inventories for every job performed at Landslide Limousine Service. The steps to help identify the gaps between the current employee’s competencies and the companies desired state, this information will allow Landslide Limousine Service to design a training program. The training program can include what addresses the gaps. However, this step will help Landslide Limousine Service identify how the workforce might change over time, due to turnover, retirement, and hiring. The company may decide reduce the number of employees or limit the location for the future. The design should include developing, and delivering the training course that address the specific skill gaps in certain areas such as communication, influencing or strategic thinking. Making a realistic plan means that Landslide Limousine Service implement a solution and ensure that employees and financial resources can reach the goal. The approach for delivering effective performance feedback our company, Atwood and Allen Consulting, has suggested Landslide Limousine Service find an effective way to achieve what the employee and the managers set out to do. To provide feedback for advising the employee on how to accomplish bettering themselves, Landslide Limousine should be precise in how they convey what they want to say so as not to demoralize the employee. The company goal should be