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

Revolution advantages of changing in information technology, What are the a...

What are the advantages of the revolution of changing in information technology? The positive side of the strides made within the realm of information technology is more benefi

Scheduling, external factors affecting scheduling

external factors affecting scheduling

Benefits of value management over entire project lifecycle, Question: (...

Question: (a) Project Value Management has gained significant acceptance in different fields of business and is regarded as a useful tool for promoting project sustainability

What is meant by lean management, X began his engineering apprenticeship wi...

X began his engineering apprenticeship with CM8 manufacturing ten years ago before moving abroad to work for other companies. He has now returned to work for CM8 as Operations Mana

Project closure, Project Closure   Project closure is the last stage of ...

Project Closure   Project closure is the last stage of the Project Life Cycle. The beginning of the Project Closure Phase is analysed by the completion of all project objectives

Matrix organisation structure, M a t r i x organisation A matrix o...

M a t r i x organisation A matrix organisation is a combination of functional and project organisation. A weak matrix organisation has most of the characteristics of a fun

Project, For each of the quadruple constraints, provide a practical descrip...

For each of the quadruple constraints, provide a practical description of the constraint as it would apply to the following new product development project: "Develop a new food sup

Quantitative layout analysis - travel chart, Quantitative Layout Analysis -...

Quantitative Layout Analysis - Travel Chart A basic tool that is primarily used to analyze the material handling cost or in certain cases number of moves in a process layout i

Project communication management processes, Question: (a) The greatest ...

Question: (a) The greatest threats to many projects are failures to communicate effectively. (i) Elaborate on the Project Communication Management processes (ii) Briefly

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

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