Measuring performance Print Page When implementing a performance management system, the ways in which performance is defined, measured, and documented will make a dramatic difference in how people experience the performance management system, and what that system means for the organisation. In this Key Concept Exercise, you will begin to define for yourself the criteria that can be used to evaluate various approaches to performance measurement. You will also choose one approach to evaluate in more depth using the criteria you defined. To prepare for this Key Concept Exercise: • Read the Required Learning Resources for Week 4. To complete this Key Concept Exercise: • In 500 words, outline at least four criteria that should be used to evaluate approaches to performance measurement, and critically evaluate one approach using the criteria you specified. In formulating your Key Concept Exercise, consider the following questions: • Which of the four criteria you identified do you consider the most and least important? • What are the benefits and limitations of the performance measurement approach you chose, according to these criteria? Be sure to read over your Key Concept Exercise before submitting it to your Instructor. Make sure the spelling and grammar are correct and the language, citing and referencing you use when providing your opinion are appropriate for academic writing. This assignment is graded. See the rubric for specific grading criteria. Submit your Key Concept Exercise. Note: Please use the required learning resources for the reference in the assignment. Learning Resources Aguinis, H. (2012) Performance management, 3rd ed. Upper Saddle River, NJ: Pearson Prentice Hall. • Chapter 4, 'Defining performance and choosing a measurement approach' • Chapter 5, 'Measuring results and behaviors' • Chapter 6, 'Gathering performance information' Blume, B. D., Rubin, R. S. & Baldwin, T. T. (2013) 'Who is attracted to an organization using a forced distribution performance management system?', Human Resource Management Journal, 23 (4), pp.360-378. Collins, C. & Bell, B. (2013) 'The state of the art in performance management: Learnings from discussions with leading organizations', People and Strategy, 36 (2), pp.50-52. Hantula, D. A. (2011) 'What performance management needs is a good theory: a behavioral perspective', Industrial and Organizational Psychology, 4 (2), pp.194-197. Nathanson, C. (2009) 'Bad vs good people?' [Online]. Retrieved from http://thebestmanager.com/articles/best-manager-archives/Bad%20Vs%20Good%20People.html (Accessed 28 June 2015).