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- Company ZYX is a small consulting organization with 40 employees. The manager who is responsible for employee performance appraisal has a particular way of conducting it. He has a firm belief that formal performance evaluations (with developed criteria, ratings, formal discussions etc.) are an absolute waste of time and should never be done. Instead, he thinks that he is well familiar with each employeeâs work and achievements, and he can easily tell âwhat they are worthâ by interacting with them and observing their performance on a daily basis. As a result, the manager periodically stops at employeesâ desks, talks to them, asks about their progress on projects and discusses other work-related issues. Employees have a lot of daily feedback and seem to like it. However, no written performance appraisal forms are ever filled in. When it comes to pay raises and promotion, the manager makes his decisions and announces them…Q3: Why training needs assessment at organizational, job and individual level? Give one appropriateexample that summarizes all levels. This is the question of Human resources managementWhat is the purpose of measuring and monitoring the performance scoreboard?
- 14 Analyse the idea behind the introduction of balanced scorecard in an organisation. a. To create awareness of all aspects of the organization b. To reduce reliance on financial measures c. To increase reliance on financial measures d. To use all resourcesBriefly explain two (2) potential pitfalls encountered in the design of performance indicators andmeasurement systems.Describe the concept of benchmarking in performance analysis.
- What tool is used to rel ect the particular needs of each stakeholder group in a performance measurement system?Provie a tool of Management Science similar to line balancing tool and provode the advantages and disadvantages of using that tool.For each of the following report situations, write a clear problem statement and list what factors could or should be explored. A building contractor engaged to remodel an office for the Company X submits a report summarizing its weekly progress The supervisor do Department X must prepare a report about the need for a new staff member Baker, Inc is experiencing higher than normal employee turnover. An executive must rank three subordinates on the basis of their suitability for promotion to a particular job. A restaurant manager must compare two possible suppliers of fresh seafood. An investment consultant must advise a client on whether to invest in the development of a lake resort. A consultant needs to help a wine shop improve its profits.
- Conducting a training needs analysis. Describe the process to use and how it would ensure the results are valid and reliable.Discuss.,What are the key considerations when designing and implementing a strategic performance measurement system?Survey 2 The table below gives the rating of the performance and salary for the employees of a company through last year. Employee ID Performance Salary in £ out 100 A 70 1000 В 80 1250 C 95 1400 D 98 2000 E 53 600 F 78 1000 G 35 500 H 25 350 I 90 1500 J 80 1400 K 85 1350 L 70 1200 M 65 1200 N 60 500 63 650 Instructions: 1) Organize and visualize the data collected during the survey using the employee's performance variable. 2) Organize and visualize the data collected during the survey using the employee's salary and performance variables.