The Effect of Performance Management Practices on Organization Performance: The Case of Sain Garment Plc, Ethiopia
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Date
2022-07
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Addis Ababa University
Abstract
Based on a sample of data obtained from several work units within SAIN, this study looked at the effect of performance management on the organization's performance. All the employee of the organization was considered as the population of study and 304 employees were sampled using systematic random sampling technique used. Descriptive and inferential analyses were carried out, with the correlation coefficient being used to evaluate the link between all of the study's variables, and regression analysis being used to determine the effect of each explanatory variable on the dependent variable SPSS was used to examine the data. All performance management techniques, such as planning, communication, appraisal, assessment, and reward, are positively connected with organizational performance, according to the correlation result. However, the regression result revealed that only assessment and reward have a beneficial impact on an organization's performance. As a result, the study suggests that SAIN. improve its assessment and incentive procedures in order to have a positive and significant impact on its organizational performance.
Keywords – Performance management process and organization performance