Designing Appraisal Systems

Slides:



Advertisements
Similar presentations
Traditions and Innovations
Advertisements

Incentives and BSC Managerial Accounting David Fender.
BALANCED SCORECARD AND KPI S FOR THE EVALUATION OF UNIVERSITY PERFORMANCE LUISS Guido Carli – Advanced Organization Design - Charlie’s Group.
Strategy Map-Customer Improve Shareholder Value A Motivated and Prepared Workforce Price Financial Perspective Customer Perspective Internal Perspective.
MANAGEMENT BY OBJECTIVES MBO. What is MBO? Management by objectives (MBO) is a systematic and organized approach that allows management to focus on achievable.
Process Management Levels
Strategy & Structure Aligning administrative, responsibility, and account structures to accomplish organizational purpose in big organizations.
External Factor : Environment / Intangibles Pertemuan 6 Matakuliah: L0074/Psikologi Industri dan Organisasi 2 Tahun: 2008.
THE BALANCED SCORECARD
FDM6 Strategic performance measurement Strategic performance measurement.
MBA III SEMESTER : BUSINESS POLICY AND STRATEGIC MANAGEMENT Course No 301 Paper No. XVIII WHAT ARE STRATEGY MAPS? In the 2001 book "The Strategy-Focused.
Aim:  To understand the relationship and conflicts between aims, missions, objectives and strategies. Objectives:  Discuss the aims and objectives of.
Balanced Scorecard Analysis Justin Haffey Caroline Myers Kelly Vacari.
P e r f o r m a n c e Measuring Results of Organizational Performance Lesson 4 Performance Methodology: The Balanced Scorecard.
MANAGEMENT BY OBJECTIVES. OBJECTIVE SETTING S S specific M M measurable A A achievable R R result oriented T T time-related WORK HAVESUCCESS In an MBO,
MGT 4153 Dr. Rebecca Long. Managing By Design Questions Long 2 1. A popular form of organizing is to have employees work on what they want in whatever.
Human Resources in the Baldrige Award Criteria
© 2009 Factory Strategies Group LLC. All rights reserved. The Balanced Scorecard Enterprise Excellence Series (Sample Slides)
Putting HR on Balanced Scorecard
Chapter 12 Designing Strategic Control Systems
Management by Objectives
Kepemimpinan Strategis oleh Eksekutif Chapter 12
Chapter 12 Organizing, Implementing, Evaluating, and Controlling
The Balanced Score Card
Strategic Management: How Star Managers Realize a Grand Design
Information, Analysis, and Knowledge Management in the Baldrige Criteria Examines how an organization selects, gathers, analyzes, manages, and improves.
Design, Development and Roll Out
Implementing Strategy Chapter 7. Objectives Upon completion of this chapter, you should be able to:  Translate strategic thought to organisational action.
Performance Appraisal Basics MANA 4328 Dr. Jeanne Michalski
Aligning Organizational Goals and Operations Strategy Oct , 2002.
Creating Strategy- Strategic planning process Balance Score Card Deepak Kumar Mitra AIM- Manila.
Balanced Scorecard: Measures that Drive Performance  No single measure can focus attention on the critical areas of a business Managers need a balanced.
IT Leading the Way to Institutional Effectiveness Presenter: Kendell Rice, Ph.D. July 11, 2007.
Ford: One Company One Vision Presented by: Colleen Roache Nicole Hackett Michael Loiacano Eugene Yohannan Contributing Team Members Bass Fahmi Dan Jensen.
Balanced Scorecard René Ewing Governor’s Special Assistant for Management and Quality Improvement Balanced Scorecard René Ewing Governor’s Special Assistant.
A project to the service of Technical and Vocational and Training Colleges who are we? our results our challenge what and how we do it.
MANAGEMENT BY OBJECTIVES. OBJECTIVE SETTING S S specific M M measurable A A achievable R R result oriented (realistic) T T time-related WORK HAVESUCCESS.
Goal Setting and Motivation MANA 4328 Dr. George Benson
Chapter 7 performance management Approaches to measuring performance The attribute approach graphic rating scales p.286 table 7.5 Weakness of graphic rating.
BALANCED SCORECARD ANALYSIS. What Is a Balanced Scorecard? A Measurement System? A Management System? A Management Philosophy?
BUSINESS EXCELLENCE MODEL LEADERSHIP PROCESSES RESSOURCES POLICY & STRATEGY PEOPLE MANAGEMENT BUSINESS RESULTS IMPACT ON SOCIETY CUSTOMER SATISFACTION.
KEY PERFORMANCE INDICATORS
Human Resource Practices
Balanced Scorecard.
The Balanced Scorecard Approach
The Balanced Scorecard
Managing Resources, Activities, and People
Prof. Dr. Dan Dumitru Popescu
Balanced Score Card and Transworld Auto Parts (A)
Quality Policy The Quality Policy of Michigan Production Machining Inc. is continuous improvement of customer satisfaction by meeting or exceeding the.
UNIT-II TQM PRINCIPLES
The Difference Between Success and Failure
OE Project Alliance Meeting
Nonfinancial Performance Measures
Designing Appraisal Systems
Evaluating Recruiting Methods
Planning and Decision Making
Chapter 2 Strategic Training.
Principles of Management
Goal Setting and Motivation
What Is Planning? Planning - a primary managerial activity that involves: Defining the organization’s goals Establishing an overall strategy for achieving.
The Balanced Scorecard
Indianapolis Life. Insurance Company. The Balanced Scorecard
Strategic Human Resource Management
Strategy, Balanced Scorecard and Strategic Profitability Analysis
MANAGEMENT BY OBJECTIVES T. Y. B. Com
Management By Objective – Dashboard Management
DMC Strategic Investment Approach
Strategy Implementation and Management control system
Strategy Implementation and Management control system
Presentation transcript:

Designing Appraisal Systems MANA 4328 Dr. George Benson benson@uta.edu 1

Designing Appraisal Systems How can performance management systems promote two conflicting goals simultaneously? Quality vs. Quantity How can performance management systems promote individual performance and teamwork or coordination simultaneously? Individual vs. Group

Balanced Scorecard “What you measure is what you get” Financial vs. operational measures Short term vs. long-term effectiveness Specific goals and measures for: Shareholder satisfaction Customer satisfaction Operational Excellence Innovation and Learning Others?

Management By Objectives Specific process to align organizational goals and individual objectives. Instead of just a few top-managers, all managers of a firm participate in the strategic planning process. MBO principles are: Cascading of organizational goals and objectives, Specific objectives for each member, Participative decision making, Explicit time period, and Performance evaluation and feedback.