Tuesday 21 July 2015

mu0016 smu mba summer 2015 IVth sem assignment

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DRIVE-summer 2015
Sem- IV
MU0016- PERFORMANCE MANAGEMENT AND APPRAISAL

Q1.What is “Performance management planning”? How does planning affect a manager? (Meaning of ‘performance management planning’, Explanation on how planning affects a manager) 3, 7

Answer: Performance Management Planning
Performance management planning is the process of creating and setting forth the strategic plans for managing the performance of employees in order to achieve organizational success. An understanding of how human capital can best be managed is essential for the success of an organisation. In addition, having a performance


Q2. Define performance appraisal. What are the dimensions of performance appraisal? Describe the characteristics of performance appraisal. (Definition of performance appraisal, Dimensions of performance appraisal, Characteristics of performance appraisal) 2, 3, 5

Answer:

Performance appraisal is also known as performance evaluation or performance review. It is the most crucial phase of the performance management process. Performance appraisal is a necessary management technique, wherein the employee and their manager mutually discuss and evaluate the employee‟s performance



Q3. Describe the traditional methods of performance appraisal. (Traditional methods of performance appraisal) 10

Answer: 
Traditional Methods
From the name itself, one can identify that these are the methods that are
most commonly used. The traditional methods


Q4. What is performance feedback? Why is it used? What are the levels of performance feedback? (Meaning of performance feedback, Use of performance feedback, Levels of performance feedback) 2, 2, 6
Answer:
Performance feedback is, generally, in the form of an annual evaluation, that is, performance reviews are scheduled annually, in which your performance is measured against pre-established criteria. This type of an appraisal review offers both the parties – the giver and the receiver, an opportunity for a formal, documented communication. Feedback serves as a cornerstone to help employees to improve their performance in any organisation. For example, the entire salaried merit distribution plan is often based on the annual


Q5. What is meant by “360 Degree feedback”? Explain its purpose. What are the advantages and disadvantages of 360 degree feedback? (Meaning of 360 degree feedback, Purpose of 360 degree feedback, Advantages of 360 degree feedback, Disadvantages of 360 degree feedback) 2, 4, 2, 2
Answer:
360-Degree feedback
In this system of feedback, an individual receives feedback from almost all the people who work around them. Feedback is provided from different directions which include peers, subordinates, supervisors, and even the individual themselves. The objective of this is to give the individual personal feedback from a variety of perspectives, so as to provide the individual a more complete understanding of how others



Q6 Write a brief note on Ethics in performance management. (Importance of ethics in PM, Concept of PM as related to ethical aspects, Role of ethics in PM) 3, 4, 3
Answer:
A performance appraisal feedback which helps the individual to recognise objectives that are closely linked with that of the organisation's, moulds the individual to perform at a higher level and the organisation is less likely to lose a valuable employee. The objective of the performance appraisal feedback is to develop the individual and not to threaten their self-esteem. Hence, treatment of people is the most fundamental ethical issue. Thus,

Get fully solved assignment. Buy online from website
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