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

What is buffering in risk management, What is Buffering in risk management?...

What is Buffering in risk management? Buffering: Buffering or slack is the allowance of additional cost, resources or time for example ‘just in case’ specific events or r

Areas of business excellence, A reas of Business Excellence Typically,...

A reas of Business Excellence Typically, we think about business excellence in the terms of superiority, but in practice, it is frequently translated into features of the busi

Explain the fundamental quality management principles, Question: (a) Ex...

Question: (a) Explain the eight fundamental Quality Management Principles of the standard ISO 9001: 2008. (b) Explain the relevance of the various requirements in terms of M

Project risk profile owners, Project risk profile owners  Project risk ...

Project risk profile owners  Project risk profile owners must make sure that they deal with each and every risk of the project. The responsibilities of the project risk owners

Product development tools, Qualities by design tools that decrease tota...

Qualities by design tools that decrease total product development time utilize high powered software and the latest in desktop computers. The primary qualities by design to

Different strategies that lg use to manage the conflict, LG, the Managing D...

LG, the Managing Director of NWP Company, recently announced to the workforce that the Board had agreed to the establishment of a set of new working practices which should lead to

The Walsham Hotel, Compare and Contrast the KN346 investment and the "plain...

Compare and Contrast the KN346 investment and the "plain vanilla" alternative.

Characteristics of process planning, Characteristics of Process Planning ...

Characteristics of Process Planning Since a process is required to manufacture a product it is necessary to plan the process. Process planning comes after it has

Types of accident, Types of Accident  Accident   are of different  ty...

Types of Accident  Accident   are of different  types. They may be  classified as major  and minor  ones, depending  upon  the severity of the  injury. An accident which  end

Evaluating the design models, o Is the design understandable? o Is the desi...

o Is the design understandable? o Is the design of appropriate complexity for the task undertaken and the skill of the developer? o Is the design consistent? o Is the design mainta

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