Performance Management Plan
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- Date Submitted: 03/22/2014 03:14 PM
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Performance Management Plan
Detroit based Clapton Commercial Company, LLC is a small construction company established in 1978 by Mr. Eric Clapton, has been successfully operating in the Detroit area for over 24 years. Clapton Commercial Construction, LLC began as a small family business specializing in small scale construction repair, and structural improvement projects, focusing primarily on residential structures. As the business grew and expanded the company began to successfully bid and obtain contracts for larger scale construction projects including repairs and alterations to existing structures. During this period, Detroit’s automobile manufacturing was at an all-time high which increased demand for construction projects thereby, and increasing profits for Clapton Construction. Unfortunately the subsequent decline of Detroit’s economy has greatly impacted commercial and residential construction resulting in a decreased in demand for both.
In recent times, Detroit’s economy improved as the big automobile companies brought jobs back to the area increasing the need for commercial and residential construction. Unfortunately the lasting effect of the negative effect for demand has continued to affect Clapton Construction’s bottom line resulting in decreased profits and a high turnover rate. Therefore, management has come up with a strategic move to expand the business to a more receptive and progressive market of Phoenix, Arizona. Therefore, Atwater and Allen’s human manager has been tasked to develop a performance management plan to provide recommendations for improvement of both individual and organizational performance.
Current Demographics
The business currently has 650 employees and plans to add an additional 130 employees which is approximately 20%, to its Arizona location. Historical data reflects the company’s turnover rate is 20% and forecasts the same after the expansion. The annual net revenue is $10,000,000 and is expected to remain at -3%...
Detroit based Clapton Commercial Company, LLC is a small construction company established in 1978 by Mr. Eric Clapton, has been successfully operating in the Detroit area for over 24 years. Clapton Commercial Construction, LLC began as a small family business specializing in small scale construction repair, and structural improvement projects, focusing primarily on residential structures. As the business grew and expanded the company began to successfully bid and obtain contracts for larger scale construction projects including repairs and alterations to existing structures. During this period, Detroit’s automobile manufacturing was at an all-time high which increased demand for construction projects thereby, and increasing profits for Clapton Construction. Unfortunately the subsequent decline of Detroit’s economy has greatly impacted commercial and residential construction resulting in a decreased in demand for both.
In recent times, Detroit’s economy improved as the big automobile companies brought jobs back to the area increasing the need for commercial and residential construction. Unfortunately the lasting effect of the negative effect for demand has continued to affect Clapton Construction’s bottom line resulting in decreased profits and a high turnover rate. Therefore, management has come up with a strategic move to expand the business to a more receptive and progressive market of Phoenix, Arizona. Therefore, Atwater and Allen’s human manager has been tasked to develop a performance management plan to provide recommendations for improvement of both individual and organizational performance.
Current Demographics
The business currently has 650 employees and plans to add an additional 130 employees which is approximately 20%, to its Arizona location. Historical data reflects the company’s turnover rate is 20% and forecasts the same after the expansion. The annual net revenue is $10,000,000 and is expected to remain at -3%...