Suppose you're a manager who has to write performance reviews. What can you do to help you prepare for writing a review that includes negative information?

What will be an ideal response?


Answer: If you need to write a review that includes negative information, keep the following points in mind: Document performance problems. You will need this information in order to write an effective appraisal and to support any decisions about pay, promotions, or termination. Evaluate all employees consistently. Doing so is fair. It also helps protect the company from claims of discriminatory practices. Write in a calm, objective voice. The employee is not likely to welcome your negative assessment, but you can manage the emotions of the situation by maintaining professional reserve in your writing. Focus on opportunities for improvement. This information can serve as the foundation for an improvement plan for the coming year. Keep job descriptions up to date. If a job evolves over time in response to changes in the business, the employees' current activities may no longer match an outdated job description.

Business

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Are there any benefits to having both banking supervisors and economic researchers working together at a Reserve bank?

What will be an ideal response?

Business

A preemptive right is

A) the right to vote in the election of directors and to establish corporate policies. B) the right to share in the profits when a dividend is declared. C) the right to maintain a proportionate interest in the ownership of the corporation by purchasing a proportionate share of additional capital stock should such stock be issued. D) the right to share in the distribution of the assets of the corporation should it be liquidated.

Business

Annual reports ________.

A) are required to be prepared by every corporation B) discuss the company's competitors and the risks related to the company's business C) are also called a Form 10-Q D) only include the company's financial statements

Business

Omni Healthcare's analgesic drug Cetaprin has a 40% share in the analgesics market in the country of Terrania. Its closest competitor, Febex, has a 25% share in the market, while four other analgesic brands split the remainder

Which statement indicates that Cetaprin is a cash cow according to the BCG matrix? A) Omni Healthcare often takes money from other strategic business units to support Cetaprin. B) A customer survey shows that Cetaprin users do not prefer it to other analgesics in the market. C) The demand for analgesic drugs in the Terrania market is expected to remain stable. D) Febex is rapidly gaining market share over Cetaprin due to aggressive marketing efforts. E) The Terrania market for healthcare products is expanding rapidly.

Business