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

Procedure for registration of iso, ISO is located in Geneva, Switzerland....

ISO is located in Geneva, Switzerland. Each nation has its own national Standard Organization ( NSO) which is affiliated to the ISO. The system and procedures are laid down

Potential side effects of the tqm initiative, Question: "Total Quality ...

Question: "Total Quality Management is regarded as a quick fix solution by many organizations.This has led various companies to start on the road to total quality improvement i

Distinguish between quality control and quality assurance, Question 1: ...

Question 1: (a) Explain briefly the different steps in an Environmental Impact Assessment study. (b) Give the constraints of the process of Environmental Impact Assessment (

Steps of heuristic method, Steps of Heuristic Method The heuristic ap...

Steps of Heuristic Method The heuristic approach involves following procedural steps: Identify the work ( job) Break down the work into elemental tasks or steps for

Purpose of automated storage and retrieval systems, Purpose of Automated St...

Purpose of Automated Storage and Retrieval Systems The main purposes of installing ASRS are as follows: 1. Increase Storage Capacity : ASRS ordinarily  increase the  stora

Need for safety, Need for safety 1. Cost Saving: Two type  of costs ...

Need for safety 1. Cost Saving: Two type  of costs  are incurred by the management  when an accident  occurs. There are the  direct  costs in the  form  of compensation paya

Define and illustrtae the term maintenance strategy, Problem: (a) Def...

Problem: (a) Define and illustrtae the term Maintenance Strategy? Support your answers with relevant examples. (b) Describe the steps that will be taken to improve the

Standardization of work processes, Standardization of Work Processes:   ...

Standardization of Work Processes:   The interrelated processes of an organization need to be standardized which help to determine how work is organized and how customer needs

Critical path, Critical Path about wedding planning

Critical Path about wedding planning

Good project planning, Over the years, E has had a number of business succe...

Over the years, E has had a number of business successes in the building trade and property development. Her latest venture is to build a hotel in YX town. E has already gained the

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