5. Managing the Workplace Environment Flashcards
What is employee alignment?
Linking organisational goals to employee’s personal goals in order to reach higher engagement and satisfaction
What are the two influencing factors on employee alignment?
Management style and organisational culture
What was Drucker’s contribution to employee engagement theory?
Management by Objectives
What are the 4 areas of objective setting according to Drucker?
- Profitability
- Management performance
- Worker performance
- Public responsibility
What was Kaplan and Norton’s contribution to employee objectives theory?
The balanced scorecard
What are the 4 key areas of the balanced scorecard?
- Financial
- Customer
- Internal process
- Innovation and learning
What are the 4 steps in management people performance?
- Identify assessment criteria
- Agree performance levels
- Monitor and control
- Periodic appraisals
What is an appraisal?
A systematic review and assessment of an employee’s performance, potential and training needs
What are the 3 purposes of appraisal?
- Reward review
- Performance review
- Potential review
What is the critical factor in appraisal?
Feedback
What are the 3 formats of appraisal?
- Manager led
- Self led
- Multi source (360)
What are 6 reasons that appraisal may be ineffective?
- Confrontational
- Judgmental
- Seen as an informal chat
- Seen as a bureaucratic step
- Only an annual exercise
- Focus on recent events
What are the 4 categories of performance based reward?
- Performance related pay (commission or bonus)
- Profit based approaches (year end bonus)
- Equity based approaches (shares)
- Non financial (job titles, thank yous)
What are the 2 options when employee performance is poor?
Improved performance plan or termination
What is concillation?
Parties meet for informal discussion to resolve a dispute