CUSTOMER_CODE SMUDE DIVISION_CODE SMUDE EVENT_CODE SMUAPR15 ASSESSMENT_CODE MU0016_SMUAPR15 QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 15864 QUESTION_TEXT What are the aims of Performance Management? Briefly discuss each one of them. SCHEME OF EVALUATION 1.To measure goal achievement: Overall evaluation of a company and its ability to set and reach goals is critical for success. 2.To identify the shortfall areas: Another objective is to discover where employees and the company are falling short. 3.To identify strengths and weakness: PM, therefore, has the objective of measuring the strength and weaknesses of an employee. 4.To evaluate the adequacy of effort: An employee may have the strengths but he may fall short in effort to produce the required result. PM is a direct measurement of this. 5.For timely remedial action: To identify and remedy situations. 6.To evaluate leadership adequacy: The inability of a company to meet the goals is often due to poor leadership, poor planning, poor implementation or poor employee performance. 7.To test the efficacy of teamwork: Every employee must work with the team members to develop new techniques and implement changes. 8.To assist enhancing standards: PM contributes to enhanced standards of work performance of an employee or class of employees. 9.To ensure alignment to the goal: To ensure that the employees work towards the defined goals is an important aim of PM since it is possible that employees are working hard but not towards the organizational goal and, that too not in an appropriate manner. 10.To facilitate feedback: While it is accepted that employee should be given feedback as often as possible, PM’s aim is that the employees receive at least the minimum required feedback at regular intervals. 11.To enable personal growth: To assist the employees to achieve personal growth by acquiring relevant knowledge, skills and attitudes. 12.To enable a conversation: PM is perhaps the ideal method for an intimate one – one conversation with the supervisors. This in turn creates an excellent work atmosphere. QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 72364 QUESTION_TEXT Explain the different aspects of performance expectations defined by performance agreement. SCHEME OF EVALUATION 1. 2. 3. 4. 5. Role requirement Objectives and standards of performance e Knowledge, skill and capabilities Performance measures and indicators Corporate core values or requirements QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 72365 QUESTION_TEXT Explain the major characteristics of performance appraisal. 1. 2. 3. SCHEME OF EVALUATION 4. 5. 6. Appraisal match the job descriptions Appraisals are legally complaints Appraisers must be trained Appraisal system require follow up Data generation system Integrating device QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 72369 a. Explain the absolute standard evaluation system. QUESTION_TEXT b. Discuss any three ethical dilemma situations under performance management system SCHEME OF EVALUATION a. Absolute standard evaluation system :This evaluation system evaluates individuals for several criteria such as initiative, target achievement, etc. And rates them accordingly. Employees are not compared with each other. 4 marks b) 1.Ethical dilemma 1: Use of trait-oriented or subjective evaluation criteria : 2. Ethical dilemma 2: problem in the writing of performance standards and measurement indicators. 3. Ethical dilemma 3: The use of different PA system within the same organisation. 4. Ethical dilemma 4: How are the results of PA to be used? 5. Ethical dilemma 5: who determines the objective standards (6 marks) QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 72370 QUESTION_TEXT What are the factors of performance management which are important to other HR processes 1. SCHEME OF EVALUATION Recruiting: Recruiting is the first step in getting human resources to the firm. While recruiting, we use job descriptions or competencies. Both, in the ultimate analysis, are a definition of the performance recruitments. 2. On – boarding: PM is important in the on-boarding process. Through PM, we are able to clearly express the needs of the organization, its norms and such other parameters which required for performance so that the candidates come mentally tuned for the job. 3. Organizational performance: PM is the process by which we define what portion of the organizational goal a person should deliver. Hence PM traces the individual competencies and deliverables to the organizational strategy. 4. Learning and Development : If we join a company and are not able to perform to the required standards, then we need to learn the same. This is done through training. We should also develop some new skills so that we can do a job of value. 5. Reward and motivation: Here we cover both intrinsic and extrinsic rewards. 6. Exit management: There is an old adage popular in government organizations: “you can be a ticketless passenger , but do not pull the chain” . In a business set – up, you cannot even be a ticketless passenger. PM clearly defines the performance requirements and enables an organization to get rid of people who do not contribute to the performance of the company. (10 marks) QUESTION_TYPE DESCRIPTIVE_QUESTION QUESTION_ID 72373 QUESTION_TEXT What are the types of Virtual Teams SCHEME OF EVALUATION 1. Networked teams : These are geographically distributed and not necessarily from the same organization. They are experts who come together to discuss and solve a problem which is complex in nature and which needs special expertise and are dissolved after the purpose. 2. Parallel teams : They are similar to networked teams and may or may not be from the same organization but they are not usually dissolved, but await other tasks. 3. Project development teams : The best example of this is a product development team. They are similar to parallel teams but have recommendatory powers and, often, accountability to create a product. 4. Work, production and functional teams : Though they operate virtually, they are function –specific, for example, finance teams which handle various aspects of global finance in an organization. 5. Service teams : They provide service to customers but are located in different time zones and over the jobs as the time changes. 6. Offshore teams : These are teams to which organizations sub-contract some of their jobs. (10 marks)