Model for performance management system of corporate organizations in Nigeria

The individual performance is critical to the execution of institutional strategy and the achievement of strategic objectives of organizations. Institutions tend to put more focus on the formulation of strategies rather than on the strategy implementation, which requires good performance by all employees in the institution. Commercial off-the-shelf (COTS) Performance Management Systems (PMSs) are too generic, which have several challenges, and have resulted to concerns regarding being effective and objective by employees of some organizations. This study developed a Task-based PMS model to address the gaps identified in the current PMSs. This was achieved by review of existing performance measurement models; survey of employee's perception on the current PMS and model design for Employee Task-based PMS. Analysis of the survey revealed that 71% of respondents do not use task-based PMS in their organization, 66% are of the opinion that the current system is ineffective and 77% opined that the current system lacks objectivity, hence the need for a Task-based PMS model. The research recommends the need for feasibility study as well as model evaluation and validation prior to the adoption of new model. For further research, the study recommends improvement of the model in private and public sector in Nigeria.