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MGT501 Assignment no 2 fall 2012

TOPIC: PERFORMANCE APPRAISAL LEARNING OBJECTIVES:
•   To enable students to understand the importance of performance appraisal in organization for improving organizational efficiency and effectiveness.
•   To make you learn the application of theoretical knowledge in a practical situation.
•   To give you practice in making decision regarding selection of appropriate performance appraisal method for operational level staff.
ASSIGNMENT: Tarakee Bank is a medium-sized financial institution that has witnessed dramatic growth over the last five years. One of the areas that the bank has stressed is productive performance. The bank  uses performance evaluation  at the  management level  and  now wants to  take  its performance evaluation process farther down the line and applying it to operating personnel. Specifically, the bank wants to develop an evaluation system for gauging the performance of bank tellers. Although there has been no formal decision regarding either the performance evaluation form to use or the specific criteria to evaluate, there are some general areas that the management feels should be evaluated:
(a) The speed with which a customer is served
(b) The number of daily mistakes that a teller makes in entering transactions into the computer
(c) The accuracy with which the individual handles cash


(d) The employees’ friendliness and general manners toward the customer These are only four of the criteria that the bank has in mind. Now the bank managers are more concerned about which method would be most accurate to evaluate their performance. Some of the bank managers believe that a graphic rating scale would be best; others feel that some form of paired comparison or behaviorally anchored rating scale would be preferable. The bank has formed a committee to look into this matter and hopes to have the situation resolved by early next month. Questions:
1.  Could a graphic rating scale be used in carrying out this evaluation? Or could a       paired comparison be used? 2.  Would the number of tellers to be evaluated have any influence on the form of       evaluation that will be used? Explain. IMPORTANT: 24 hours extra / grace period after the due date is usually available to overcome uploading  difficulties.  This  extra  time  should  only  be  used  to  meet  the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience. IMPORTANT INSTRUCTIONS/ SOLUTION GUIDELINES/ SPECIAL INSTRUCTIONS DEADLINE: •  Make sure to upload the solution file before the due date on VULMS. •  Any submission made via email after the due date will not be accepted.


FORMATTING GUIDELINES: •  Use the font style “Times New Roman” or “Arial” and font size “12”. •  It is advised to compose your document in MS-Word format. •  You may also compose your assignment in Open Office format. •  Use black and blue font colors only.
REFERENCING GUIDELINES: •  Use APA style for referencing and citation.   For guidance search “APA reference  style”  in  Google  and  read  various  website  containing information         for         better         understanding        or         visit

http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html

RULES FOR MARKING Please note that your assignment will not be graded or graded as Zero (0), if: •  It is submitted after the due date. •  The file you uploaded does not open or is corrupt. •  It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc. •  It is cheated or copied from other students, internet, books, journals etc. Note related to load shedding: Please be proactive Dear students! As you know that Post Mid-Term semester activities have been started and load shedding problem is also prevailing in our country now a days. Keeping in view the fact, you all are advised to post your activities as early as possible without waiting for the due date. For your convenience; activity schedule has already been uploaded on VULMS for the current semester, therefore no  excuse will be entertained after due date of assignments, quizzes or GDBs.

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