Appraisal process to help staff appreciate, Project Management

Assignment Help:

KS, the Finance Manager of TZY Company's Finance Department, is aware that it is approaching the time of year when he requirements to conduct staff appraisals. However, he is conscious that, in the past, feedback has suggested that many members of his team feel that the appraisal process is a waste of time, and that they have better things to do. This year he requires to make sure that staff perceive it as a valued activity.

Explain the points KS could make about the appraisal process to help staff appreciate its value both for themselves and for TZY Company.

Essentially, the staff appraisal process can be considered as a tactical control system that can be used by organisations to review, monitor and evaluate the performance of employees. As well as being viewed as having a role in organisational control, appraisal can also be used to maintain and motivate employees. If conducted in a regular and systematic way, staff performance appraisal should help better the effectiveness of the staff working in the Finance Department of TZY Company.  

There are a number of advantages of staff appraisal for TZY Company. For instance, it gives a system which could help KS in assessing the competence of the employees working in the Finance Department, as well as identifying areas for improvement. It can also be used to give a fair process for reward decisions, not only financial rewards but also promotion. It would assist KS in identifying and formulating the training requirement of his staff. It can also be seen to help in improving communications among KS and his staff, since it is an opportunity in the year to sit down in private to have a conversation. It also permits for the setting of clear objectives and targets for staff which should link to TZY Company's corporate objectives. 

 

 

 


Related Discussions:- Appraisal process to help staff appreciate

Answer, summarise the argument for such a policy of partnering with a major...

summarise the argument for such a policy of partnering with a major supplier such as BAA and MACE HAVE DON HERE

Why undertaking competitive analysis is important, S is enrolled on T Compa...

S is enrolled on T Company's management development programme.  Although S has a financial background, the aim of the management development programme is to help him to gain a bett

Answer, summarise the argument for such a policy of partnering with a major...

summarise the argument for such a policy of partnering with a major supplier such as BAA and MACE HAVE DON HERE

Risk, Choose an organization of your choice and briefly describe the main r...

Choose an organization of your choice and briefly describe the main risks to which development projects are exposed

Project, can make two project for me?

can make two project for me?

Launch a new school, how we launch a new school? which steps should keep in...

how we launch a new school? which steps should keep in mind? whats srategies and policies can apply? what is the history of ne school? i need urgent answer

Network, charateristics of a good network

charateristics of a good network

What is the estimated cost of the whole project, Question 1: (a) Using...

Question 1: (a) Using information from Table 1, build a network diagram for the project. (b) Perform a Forward Pass on the network diagram and deduce the duration of the p

Advantages of fms, Advantages of FMS Flexible manufacturing system...

Advantages of FMS Flexible manufacturing systems are regarded as one of the most efficient methods to employ in reducing or eliminating problems in manufacturing industrie

How can improve profitability of a company, Question: Construction of t...

Question: Construction of the toy factory has been completed and it is entering its operational phase. The owners do not understand the fuss there is for quality control. (a

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd