The intention of this paragraph is to critically analyze whether Telstar Corp should adopt a trait based, result based or a behavior based performance system and this paragraph further discusses their respective advantages and disadvantages. The management at Telstar Corp has adopted a result and behavior based performance appraisal strategy for identifying the achievements of pre-determined performance targets aligned to its reward strategy. ‘Telstar Corp’ […]

Bates, S. (2003). Top pay for top performance. HR Magazine. Berglas, S. (2006). How to keep A players productive. Harvard Business Review. 1. Bates argues that in order to keep top performers satisfied and productive, there should be a substantial difference in the variable pay or merit-based salary increases that top performers and poor performers receive. Based on the available research (which is mentioned in […]

HSC Core 2: Factors Affecting Performance Chapter 5: How does training affect performance? Energy systems * alactacid system (ATP/PC) * lactic acid system * aerobic system Energy Systems The human body requires energy for its organs to function, internal processes to take place and to power muscular contractions for movement * Energy in the human body is stored in the chemical bonds that join atoms […]

According to Mark Cook’s “Performance Appraisal and True Performance,” there are biases and subjective judgments being made when assessing someone of his performance.  What normally occurs is that subjective performance becomes the criteria in the evaluation of the performance namely age, race, gender, and physical appearance.  One the other hand, several factors govern for estimation made by the appraiser such as the manager’s attitude and […]

1. OPERATIONS PERFORMANCE OBJECTIVES In accordance with Slack, Chambers and Johnston, performance objectives is a generic set of performance and indicators that can be used to set the objectives or judge the performance of any type of operation. In this context, there are five key most objectives that can or will be used to help improve the operations of a service industry (Dental health care […]

Aim: To identify how effectively and efficiently your chosen company is run. To produce a report based on your findings on the performance of the business. The business I have decided to investigate is Karen Millen. It is one of the UK’s most successful retailers of woman’s fashion. Its main products are womenswear, footwear and accessories. Karen Millen operates under one business structure from concept […]

First, narrow differences in wages and status assist develop an atmosphere of trust and confidence between workers and management, supporting the atmosphere of participation. Large differences in status can restrain participation. As employee involvement increases, management relies more on the good will and cooperation of employees. Employees often feel large wage differentials are unfair, and employees who consider disadvantaged are less encouraging of the goals […]

The profit margin on sales ratio tells us the ability of the firm to convert its sales into profits. A low profit margin on sales indicates high expenses which consume most of the revenue earned by the firm. In such a case, the firm needs to analyze and point out areas which are producing more expenses than usual. The higher the ratio, the better it […]

This study aimed to investigate the extent to which the Scottish Junior Regional Novice (JRN) programme is preparing young riders to make the progression to British Eventing’s World Class Scholarship (WCS). Research was carried out in a qualitative and interpretive way with semi structured interviews being conducted to collect data. Interviews were carried out with the providers as well as current and former riders associated […]

Although selection of the appropriate visuals and graphs contribute to the effectiveness of a business performance management (BPM) dashboard, the true “soul” of the dashboard is the key performance indicators (KPIs). KPIs measure the business health of the enterprise and ensure that all individuals at all levels are “marching in step” to the same goals and strategies. They also provide the focal point for enterprise-wide […]