What do you think of Mr. Srivastava’s argument that ‘sharing “report cards” with them would create tension among the workforce and lead to unhealthy competition between employees’?
What will be an ideal response?
? Mr. Srivastava’s argument should be viewed sceptically. Mr Srivastava’s concern
here does display a paternalistic attitude that employees would not be able to
respond with maturity to honest feedback.
? Although less common in the United States, where educational data is considered
private by law, in India and many other countries, grade reports in school and on
important exams are posted publicly and displayed for all to see. This is often
linked to a competitive culture in schools, as high-stakes exams and grades in
schools are widely seen as unrelated to actual learning. Perhaps a cultural norm of
intense competition related to grades in schools is what Mr. Srivastava expects to
occur when performance data is shared with employees, and Miss Kohli needs to
educate Mr. Srivastava on alternative ways of sharing performance data.
? His assertion that performance feedback delivered would be akin to a ‘report
card’ or lead to competition between employees is unsupported by the many
companies that promote a culture of performance feedback in a cooperative and
non-threatening way.
? Delivering feedback is as much about how the feedback is delivered as the
specific content. Feedback can be shared with individual employees in an
atmosphere of trust and transparency by a manager with a developmental focus,
and avoiding negative impacts on cooperation or morale.
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Answer the following statement true (T) or false (F)
Match each term with the correct statement below.
A. Based on the value of the property being taxed B. Subtractions from gross income specifically allowed by the tax law C. Based on a quantity of a product sold D. Increases in a taxpayer’s wealth and recoveries of a taxpayer’s capital investment that Congress has decided should not be subject to income tax E. Current period expenditure incurred in order to earn income F. The excess of the selling price of an asset over its tax basis G. The excess of an asset’s tax basis over its selling price H. The common and recurring type of income earned by taxpayers for a year I. The payment of tax throughout the year close to the time income is earned as is reasonable. J. Any type of property that is not real property K. Land and any structures permanently attached to it L. A taxpayer is responsible for determining his or her tax liability and paying the tax due timely. M. Used by persons who do not itemize deductions on their return N. The period of time during which a taxpayer and/or the IRS can correct the taxpayer’s taxable income O. The value or amount that is subject to taxation P. Direct reduction in the income tax liability often created by Congress to further a public purpose
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Restrictive covenants are designed to protect both the bondholder and the issuer even though they might constrain the actions of the firm's managers. Such covenants are contained in the bond's indenture.
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