MBA 401 - T1 2021
ASSIGNMENT 1 PART B
PEOPLE, CULTURE AND CONTEMPORARY LEADERSHIP
Table of Contents
Introduction    3
Performance Related Initiatives    3
Culture Based Initiative    5
Conclusion    6
References    7
Introduction
The company names Sonic Healthcare Limited is one of the world’s leading company providing healthcare products, laboratory services. Sonic Healthcare is a clear buy regarding the technical examination and has good essentials. The company is headquartered in Sydney, Australia and it was founded in the year of 1934. Michael Boyd is the founder of sonic healthcare and it started to consolidate the private pathology market in 1998 (Sonic Health Care, 2021).
The primary value of the company is to set up standard for the collegiate and behaving in a supportive way. The number of employees in the company is 37000 and the CEO of the company is Colin S. Goldschmidt M.D. The current report will outline the performance management system for leadership development to promote the health care and balancing the work life at the same time. The performance related initiatives in the Sonic Healthcare Limited will be discussed in the report.
Performance Related Initiatives    
The performance management in the organisation plays an important role in order to include the personnel in the workplace for the success. It is crucial to evaluate the system of performance management and to do so, proper process and steps need to be adhered. Performance control is an ongoing manner of communication between a manager and a worker that takes place at some stage in the year, in assist of engaging in the strategic goals of the organisation (Tolici, 2021).
Sonic operations are structured to attain the organisational success with geographical divisions and individual subsidiaries in a synergetic network to accomplish the business excellence and service outcomes. For instance, the company is setting an expectation and planning ways for the work performance for achieving the objectives. Sonic is monitoring the performance of employees with check-ins and meetings and offering them the reward for addressing good performance.
The employees are working the business operations work in a collaborative manner within the given structure. They are engaging with the given work by the company and using the tool of communication for enhancing their performance (Sonic Health Care, 2021). The performance management system is following with this context and all the employees are rewarded by the company who are working under the given structure. The company is using the rewards in terms of promotion, bonus, appraisal or recognition.
With the application of yearly appraisal, this shows this ensures that the vision of the company also lies down with the mission plan of retaining talented employees for the longer span of time. The company is measuring the strategy of performance management system by using strategy of performance appraisal tool and leadership development. If the overall performance of personnel is appraised then it is far very useful for each the personnel and the control to recognise the contemporary overall performance stage and making improvements.
Similarly, overall performance appraisal allows perceiving training and development desires in order so that personnel may be trained to improve their overall performance. Performance appraisal is one of the...