Competencies by Learning and Development- A key to Performance Management
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Abstract
Organizations are a combination of human and technology. Empowering human
skills with technical systems lead to achieve real growth to the organizations. Human
Resource Development is in a constant state of development, responding to organizational
and environmental change. It is a powerful device to endow individuals, organizations and
societies to compete effectively in a global market place. A study on Performance
Management encourages employees to achieve optimum level of work performance in align
with the organizational goals. This research not only helps to explore the relationship
between PM in a Public and a Private organization, but it facilitates a framework to
develop employee morale by learning and development. In this context, it is vital to depict
the outcomes of two independent variables viz. competencies, and learning and
development towards its dependent variable, PM. It highlights on the employee perception
about PM practices of the two companies, which is a fundamental factor for attracting,
retaining, and motivating employees. Accordingly, the study is concentrated at Kochi,
Kerala, in the shape of “Competencies by Learning and Development- A key to
Performance Management,” with a focus on the Plant level workers and the Managerial
staff consists of sample size 481 and 475 respectively. Furthermore, it has been statistically
verified that two factors show a positive relationship with PM. Along with this, it identifies
the extent to which the PM and its work-life factors are provided by the selected companies.
The outcome of the survey generated relationship between dependent variable (PM) and
independent variables (work-life factors), different opinion in their PM processes, their
outlook about PM practices and work-life factors with respect to demographic factors,
personal satisfaction about their PM methods, varying satisfaction level with respect to the
demographic factors, and the influence of work-life variables in the selected companies.