The Performance Management System : Chevron Phillips Chemical Company

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Performance Management System
Performance management systems are normally related to how organizations oversee and review the performance standards of their respective employees, with the human resources departments playing an active role in reviewing employee behavior and workloads (Lawler, 2003). Investing in such processes benefit organizations in that they are able to achieve their objectives in an organized manner, aligning their output to their stated mission and vision statements (Otley, 1999).
Chevron Phillips Chemical Company is a wholly-owned affiliate of the Arabian Chevron Phillips Petrochemical Company Ltd. It has concluded a joint venture with the Saudi Industrial Investment Group (SIIG) in the industrial city of Al-Jubail, located in the Eastern Province of Saudi Arabia. The union of S-Chem companies within Saudi Arabia consists of Jubail Chevron Phillips Company (JCP), Saudi Polymers Company (SPCo) and Saudi Chevron Phillips Company (SCP).
Saudi Chevron Phillips Company (SCP) initiated operations in December 1999 as the first ever private sector investment initiative within the Saudi Arabian petrochemical industrial complex. A 50-50 joint venture between the Arabian Chevron Phillips Petrochemical Company Ltd. and the Saudi Industrial Investment Group, the enterprise manufactures benzene, cyclohexane and gasoline blend stocks. The Royal Commission of Jubail has acknowledged the extent to which SCP is observant of environmental guidelines and the company has

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