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

Advantages of iso standards, ISO standards give tremendous advantages to ...

ISO standards give tremendous advantages to those holding their certification. Some of these advantages are briefly discussed below for different categories of groups ins

Risk categorisation , Risk Categorisation  Management of risk involves:...

Risk Categorisation  Management of risk involves:    Prevention: To deal with causes.    Recovery: To deal with effects.  There are three categories of project r

Explain cost effective design, Question 1: "One of the main challenges ...

Question 1: "One of the main challenges of hotel management today is the rapid changes in customer requirements, trends and tastes, resulting in the necessity for frequent exte

Advantages of rules-planning function, Advantages of Rules In addition ...

Advantages of Rules In addition to the general societal advantage of rules referred to above, the organization and its employees can derive the following benefits from the inst

Cost-reimbursable contracts , Cost-reimbursable contracts  In cost-reim...

Cost-reimbursable contracts  In cost-reimbursable contracts you pay the contractor the costs necessarily incurred in the construction plus a fee. The latter portion viz. the fe

Process of diagnosing the system, Question 1: What are the steps involv...

Question 1: What are the steps involved in the process of diagnosing the system? Steps involved in the process of diagnosing the system. Question 2: What are the maj

Concept of values to an organization, The Buddha had said that an individua...

The Buddha had said that an individual is free to think and decide on his own and at the same time he is responsible for his own actions. Organisations are about individuals; they

Product development cycle, The product development cycle starts with th...

The product development cycle starts with the assessment of the customers needs and ends when the design is finally released for bulk production. The main steps in th

Linear programming methods of line balancing, Linear Programming Methods of...

Linear Programming Methods of Line Balancing Assume that a job is broken down into elements tasks and the total duration of all such tasks is 28 minutes. The cycle time i, e,

International quality certification, The international organization for s...

The international organization for standardization ( ISO) is the specialized international agency for standardization and at present comprises the national bodies of 91 c

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