ipl-logo

Managerial Review Paper

1986 Words8 Pages

PART 1 (50%)

I am the store manager for Footlocker in the Downtown Toronto store and am responsible for managing 50 employees.

a)
As the store manager, I would use a variety of appraisal methods and performance criteria to evaluate my employee’s performances.

Firstly, a self-appraisal is crucial to an employee understanding his/her strengths and weaknesses. Using a self-assessment would allow the employee to identify where they perform well, and where they need some improvement. This can help them to set goals which are crucial to success. Moreover, through managerial reviews, I can provide additional feedback by highlighting the areas where they can improve and where they have done well in more depth. Furthermore, as the store manager, …show more content…

As an example, if an employee excels in customer service, they may be seen as excelling in customer service, and other areas which contribute to sales, even if they do not. At Footlocker, this same situation could occur, which is why it is crucial to collect data from customer and peer reviews in separate areas in order to avoid having my overall impression of the employee influence ratings in each of the areas. This way, I can accurately pin-point the employee’s weaknesses and …show more content…

For example, if many employees struggle with product knowledge, I can use that as an indicator to include more training on that specific category. Additionally, expectations can be made for employees through the data collected within the performance appraisals.

d)
In order to make sure that employees are properly compensated for their work and are recognized for it, I would use not only performance-based pay, but also non-monetary benefits for exceptional performance. By providing a commission-based pay structure for employees, it can provide incentives for employees to make more sales; however, it can result in employees being pushy with sales, and the creation of a cutthroat work environment. Thus, bonuses can be in place for employees who meet their goals/performance indicators, which will contribute to an overall success of the store.

In addition, providing rewards to employees who demonstrate great work ethic and superb performance, Foot Locker can provide non-monetary rewards such as recognition through something like employee of the month, opportunities to grow within the company, more flexible work hours, more vacation time, extended medical and dental places,

Show More
Related

Hrm 531 Week 4 Metrics Case Study

337 Words | 2 Pages

If I am the owner of a record label, I will annually discuss the metrics used to compensation and rewards with the employee and an representative from human resources while revised every quarter, which should be diverse within different divisions. The metrics should be based on what the divisions do and job results, and adjusted depending on absent, deficiency and how was it handled, merits and special achievements, and seniority. Divisions that specify on more routine works in order to keep the company running, such as legal, finance and H&R will be judged mainly on evaluation of performance, which should be done not only by their managers, but also by peer evaluation as well. The other divisions such as marketing, distribution and A&R

Read More

Summary: Sandwich Blitz

620 Words | 3 Pages

Dalman and Lei need to create a new employee handbook addressing problems that are occurring now, in the future, and potential punishments for breaking rules and regulations. The first step is to set performance standards. Step two is creating a way to measure performance. Next is step three which consist of comparing performance of the employees against the standards that are set in step one and to determine any potential or current discrepancies. The last step is correcting problems and enhancing success.

Read More

Btec Business Level 3 Unit 16 P1

1456 Words | 6 Pages

In this assignment I will be explaining how the results of measuring and managing performance inform employee development within the business Kellogg’s. Staff within the business can be encouraged to carry out better work and meet their targets in different ways some of which I will explain below. I will be looking at three different roles within the business and analyse how the business manages and measures their performance. The first employee’s performance I will be looking at within the business Kelloggs is a cleaner.

Read More

Administrative Search Research Paper

668 Words | 3 Pages

Administrative Search Name: Institution: Over the years the courts have continuously expressed doubt on whether the Fourth Amendment should apply to inspections under administrative search. There are instances where the courts allows authorities to search the property of other or even a person. Often, the Court has held that administrative searches differs from police search in crimes such as; robbery/ burglary, rape, or murder. Accordingly, the Court has imposes different and reduced requirements for administrative searches and in some instances the Court has ruled in favor for warrantless administrative searches. For instance, in Frank v. Maryland the court held that some administrative inspections like fire, health or housing inspections did not require warrants since they were widely accepted by the public.

Read More

Lululemon Essay

1163 Words | 5 Pages

Firstly, Lululemon's performance appraisal system provides comprehensive feedback to employees, taking into account feedback from multiple sources and a range of performance metrics. This enables employees to gain insight into their performance and identify areas for improvement. Besides, Lululemon's performance appraisal system including goal-setting allows employees to set clear objectives and track progress toward achieving them. This ensures that employees are focused on what is most important and working towards specific targets that align with the company's overall objectives. Meanwhile, employees are encouraged to develop their

Read More

MGT 395 Principles Of Management Report

359 Words | 2 Pages

With completing the MGT 395 Principles of Management class, I was able to benefit from a variety of new things from the class, as well as refresh my memory on things that I already had an idea about, but needed some reassurance of details. Although my current position or role in business is Quality, this class has definitely broadened my knowledge of how complex the business world can be and how it is interpreted into success. This class and the foundation of business practices has given me a different approach to my view of how Quality in a business effects the overall flow success of an organization. The understanding of leadership gives me a different perspective of how an organization maximizes the use of its resources to obtain its goals

Read More

Mgt 330 Management For Organization Paper

1790 Words | 8 Pages

Managers Forward Innovation Teri Charles MGT 330 Management for Organization Yamil Guevara October 3, 2016 Thesis A critical analysis and description of management practices within the manufacturing industry. This paper is an analysis of the application and implementation of management concepts in the manufacturing industry. A critical analysis and description of management practices within the manufacturing industry. An organization is a group of individuals that come together for a collective purpose or goal.

Read More

Quality Improvement Paper

1832 Words | 8 Pages

A. Goal: Work on assessing areas for Quality Improvement in the organization by attending various meetings related to quality 1. (Specific) Attend Quality Improvement Meetings (Measureable) (Areas are being identified by scores either higher or lower) to learn about areas that are in need of improvement in the organization. (Achievable) This is achievable, because areas of improvement is the essence of the meeting.

Read More

Glassdoor's Rating Trends

471 Words | 2 Pages

Internal reviews by employees are a key thrust in spreading knowledge, especially intellectual capital that can allow a business to learn from their mistakes, improve, or simply maintain their success from an organizational perspective. Glassdoor offers employees an opportunity to reflect on their respective companies through which data is collected and classified into “rating trends”. Reviews can provide companies with data that can help them sustain an internal competitive advantage. For example, Lululemon offers their employees with free fitness classes weekly which have been mentioned numerous times in positive reviews; this benefit can be capitalized upon to reduce turnovers amongst workers by promoting a better “work-life” balance culture

Read More

Advisory Council Research Paper

949 Words | 4 Pages

Interested parents can choose to participate on an advisory council. This committee works with GATE resource teachers, school administrators, general education teachers, and other school personnel to receive updates, provide feedback, and ask questions related to GATE programs. The advisory council meets at least three times a year in order to ensure that the education of every child is enhanced by assisting with program planning and assessment. The role of parent representatives is to serve as a liaison between the school’s GATE program and the school community. Parents may find information about joining the local advisory council by meeting with a school administrator or the GATE coordinator.

Read More

Performance Management System: Tesco

1831 Words | 8 Pages

The performance appraisal system is used to measure and develop the employee performance. It helped in the standardization within the organization, improve open communication among the employees and employer, it has developed and improve the due process within the organization (R. Mondy, 2010). 360-degree feedback has increase transparency among the employees as they receive their feedback among themselves that has brought out a high impact to the employees behavior and performance. According to Wadhwa, (2011) 360-degree feedback offers a huge and broader perspective of employee performance, as it doesn’t rely on one source feedback

Read More

Tesco Training Case Study

1007 Words | 5 Pages

Tesco also uses a method known as 360-degree appraisal. This means all stakeholders who have contact with the employee assess the person’s performance and give

Read More

Walmart's Compensation Strategy

1031 Words | 5 Pages

Employees can feel being trusted and excited to move in to the new position. Walmart uses employee recognition as part of their pay-for-performance compensation strategy. Walmart offers many incentives for its workers. Awards are used to recognize productivity gains, special contributions or achievements to the organization.

Read More

Case Study: The Importance Of Principle Of Management

2164 Words | 9 Pages

1. Introduction – Importance of Principle of Management (PMG) – Relate with case study – Overview of the content Introduction The purpose of this section is to discuss the importance of management principles, and the impact on each organisation. Principles of management are generally termed as the act of planning, organising and controlling the operations of the basic element of people, materials, machines, methods, money and markets, providing direction and coordination, and giving leadership to human efforts, so as to achieve the sought objectives.

Read More

Starbucks Performance Management

1523 Words | 7 Pages

The training set up by performance management empowers staff to understand their strengths and weaknesses, know what job responsibilities they are fit for, and find a company-specific position such as a cleaner, cashier or referee who serves Starbucks in a different role.  Reward management  The assessment reports will allow Starbucks to reward employees for their performance, so that employees feel that they are valued by Starbucks paid the time and effort is worth it. After giving the reward, employees have a sense of belonging to Starbucks and therefore work more earnestly and the morale of the employees is improved.

Read More

More about Managerial Review Paper

Related Topics

Open Document