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This assignment focuses on the importance of performance management and its implications for McDonalds, which is the organization on whom the assignment will focus on. This assignment would further give a detail on the performance management and its process used in McDonalds and how strategic planning is linked to the performance management in the organizational purview of McDonalds. Today as the business world has become highly competitive and it is price wars, market share wars etc which is full in the market and the fight is to win customers and increase the revenues, thus it becomes very important for an organization to perform up to the customer’s needs, for which it is very important that the resources of the organization specially the human resources perform and human resources are managed effectively though proper Human resource planning and management and performance management is an important step towards effective human resources management in an organization.
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