Performance and Marginal Utility Analysis

Please use textbook in both parts Hunt, S. T. (2014). Common Sense Talent Management. Hoboken: John Wiley and Sons, Inc.

Part one

Imagine a performance evaluation system that promotes roles, behaviors, and work outcomes appropriate to achieve organizational strategic objectives throughout the firm. Take into consideration the Two Sides of Performance Management as illustrated in your textbook on page 164, Figure 6.1. What would such a system look like? Would it be similar to the one used in your organization? How would individual and/or team performance assessment be conducted? What tools would you recommend? Would you use MBO, 360 Degrees or another system? Why? Present your views in 200 words or more in your discussion post. Use at least two scholarly source to support your ideas.

Part two

Consider the proposition that HRM adds value to the firm. Also, examine the topic of “Marginal Utility Analysis” and how it is used to make a case about the value of HRM. How do HRM practices and systems add value to a firm? What is the basis for an argument for or against this proposition? Present your views in 200 words or more in your discussion post. Use at least one scholarly source in your response to support your ideas. Respond to at least two of your classmates’ posts. Remember to properly cite your sources.