Managerial decision making process Essay Example | Topics and Well Written Essays - 1750 words

Managerial decision making surgical procedure - Essay Example exertion evaluation is an important task in any organization because by evaluating the executing the productivity level of an singular is measured.Promotion, salary packages, increment in compensation and growth of the soul argon also based on the executing evaluation accordingly organization must witness that they have proper performance evaluation method that considers important characteristics and traits of the private so that right scene is parentd and get his reward of hard work. Also by promoting the right individual, his motivation level would also gain thus it would further increase the productivity. There are different factors that an organization use to adjudicate the performance of an individual however the following criterion are the most common considered by organization to evaluate the performance of an individual Knowledge of the individual Expertise in the field Productivity level Performance T asks ideal by the individual Completion of work within the deadline Skills to work as a team player These are the most common factors that are considered in evaluating the performance of an individual, but the criteria may divert from one organization to another. Main concerns with the given companys current evaluation form The primary(prenominal) problems with the existing companys evaluation form and method are as follows In evaluating performance, the appearance of an individual with his co-workers and supervisors is highly considered. The extent to which an individual keeps his desk or office clean is considered an important aspect. Task completed on time is not considered as an important characteristic to evaluate the performance of the individual. The knowledge and abilities of an individual are ignored. Most Commonly-Used Sets Of Criteria Which Should Be Evaluated In A Performance Evaluation There are several(prenominal) commonly utilize sets of criteria used in order to evaluate the performance of an individual and these criteria are as follows Performance of the individual Goals and targets achieved by the individual Efforts put in by the individual Productivity of the individual Ambitions Leadership qualities Motivation level Technical skills and knowledge Team work and team player usefulness of using same performance evaluation method One of the main advantages of using one performance evaluation method for every employee is that it evaluates the performance of different employees in the organization using same criteria therefore it is easy to identify the performance level of different individuals and thus it becomes easier for the management to analyze and reward them and promote them. RELATIVE VALUE OF THE COMMONLY-USED SETS OF EVALUATION CRITERIA already IDENTIFIED There are drastic differences in the criteria used by the company and the criteria that are most commonly used in organizations around the human. The existing system of the or ganization focuses more on the behavior of the performance, rather than the contribution of the individual towards organization goals and objectives. Organizations around the world focus on the productivity and performance of the individual, whereas this company focuses on relationship with co-workers and managers. Result indexes, such as turnover, quantity and quality of work produced by the employee, are also used for appraisal purposes around the world, which are ignored by the company. Advantages Of Including Supervisors, Peers, And Subordinates In The Evaluation Process Most of the people in the organization freshen the employees performance than just their immediate supervisor. The 360-degree feedback evaluation allows the employer to understand what the performance of the employees is and how the supervisors, peers, subordinates and the external customers viewed the employees performance. This evaluation technique provides feedback from all levels of the