University of Maryland W5 Performance Management and Performance Appraisals Discussion Hello, this is a two part discussion question. Discussion One: Exp

University of Maryland W5 Performance Management and Performance Appraisals Discussion Hello, this is a two part discussion question. Discussion One: Explain the difference between performance management and performance appraisals and discuss the components of a performance management process. How does performance management provide strategic value to the organization? Share an example of an employee performance goal that is aligned with an organizational performance need.Explain how performance feedback can be delivered to motivate employees and enhance performance. Discuss some strategies for managing poor performance and how and when you would use development plans to improve performance issues. Be sure to use the references provided for the in text citations on the reference document. Discussion Two: Focus on Analytics “With the additional responsibilities of being a strategic business partner, the modern HR function now faces greater pressure to make sound and impactful decisions. As a result, data-driven decisions have become an integral part of effective strategic HRM. To achieve strategic objectives and a competitive advantage, a growing number of organizations collect, analyze, and interpret data via HR information systems and HR analytics. More specifically, technological advances have made it easier to capture and store HR data in HR information systems, and using HR analytics, these data can be used to improve HR systems, policies, and practices and, as a result, the performance and viability of the organization. HR analysts test hypotheses to determine the best ways to manage people within the organization—or in other words, to arrive at data-driven decisions that bring the organization one step closer to meeting strategic objectives” (Bauer et al, 2018, p. 42). Bauer, T., Erdogan, B., Caughlin, D., & Truxillo, D. (2018). Human Resource Management: People, Data, and Analytics. SAGE Publications. ** Study the data collection in the attached spreadsheet. Then study the slides showing how to correlate one variable with another. Lastly, complete the activity on slide 3 with an explanation of the results. In a blank cell, enter the equal symbol (=) followed by the
CORREL function, followed by a beginning parenthesis.
Enter the range of cell values that corresponds to the array of
numeric values that fall below the Job Satisfaction variable
name, which in this case is B2:B51
Enter a comma (,)
Enter the range of cell values that corresponds to the array of
numeric values that fall below the Customer Satisfactin Rating
variable name, which in this case is C2:C52. Enter an ending
parenthesis, and click ENTER.
Remember, correlation coefficients can range from -1.00 to
1.00, where -1.00 indicates a perfect negative (inverse) linear
association, 1.00 indicates a perfect positive linear association,
and .00 indicates no association.
In this case the correlation coefficient is 0.48
Regarding the sign, the correlation coefficient is a medium,
positive, association. In other words, there is a correlation
between job satisfaction and customer satisfaction.