Question

In 3-4 Paragraphs explain how you will appraise and manage the employee's performance. And tell me how and why you think you're my best candidate for Chief Executive Office

Answer 1

Performance appraisal of employees in an organisation is very important for the employee as well as for the organisation. Performance appraisal can be defined as " the systematic and periodic evaluation of the individual with regard to his or her performance on the job and his potential for development". It evaluates an individual employee’s performance in terms of his productivity with respect to the pre-determined set of objectives. It can aslo be assessed by way of comparing present performance of an employee with already established standards which have been already communicated to employees.

Methods of performance appraisal : ?There are many performance appraisal methods followed by organisations to ensure fair appraisals to their employees.

1. Management by objective
2. Essay method
3. 360 degree appraisal method
4. 720degree appraisal method

1. Management by objective: This technique involves setting up of objectives and goals for the employee either by the employer, or his manager, or both employee and employer. By this method the employee is able to perform better because he knows the amount of work he need s to deliver. The advantages of this method are : less time consuming, cost-effective and fair.

2. Essay Method : This method involves writing a detailed descriptive essay of the performance of the employee by the employee’s direct supervisor or manager. This method is performed especially in startups. The essay focuses on empoyee's strenghth, weaknesses and his or her attitude on the job. The advantage of this method include easy to perform and an effective way to appraise. The biasness can be a limitation.

3. 360 degree feedback : In this method data for performance appraisal is collected from everyone who interacts with the employee during the office hours that is peers, subordinates, supervisors, and sometimes, from internal and external customers. The Advantage is it is cost effective and precise. There is less chance of baisness. However, it is a time-consuming process.

4. 720 degree feedback : As the name suggest it is twice of 360 degree. In this method, there are two Rounds of feedback that is pre and post feedback.It is more powerful tool because it is conducted at regular intervals and helps to keep a track of the changes in the employee. Advantage : Improved feedback from more sources and performance development. Disadvantage : it requires commitment from top management and the human resources.

I think i am your best candidate for Chief Executive Officer (CEO) because of my skills and abilities. A CEO should be a good manager, a decision-maker and more over a risk-taker. With my experience to handle different situations in a calm manner and managing the people in many events i have the skills to manage an organisation and the employees. I would be a good leader if i will get this opportunity. With my experience and knowledge about every field and my work experiences i will leave no stone unturned to make this organisation achieve its goals.