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Study sets matching "performance evaluation"

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Study sets matching "performance evaluation"

10 terms
Performance Evaluation
EPR
Supervisor
Reportng Official
EES
Enlisted Performance Report
Directs actions and productivity
Rater
Enlisted Evaluation System
EPR
Enlisted Performance Report
Supervisor
Directs actions and productivity
8 terms
Performance Evaluation
task assessment
interpersonal assessment
five dysfunctions of a team
timely identification of mistakes
ongoing data collection... goal achievement... member contributions
group cohesion... interpersonal skills... member satisfaction... rela…
1) absence of trust... 2) fear of conflict... 3) lack of commitment…
requires openness and willingness to look at group... "blameless…
task assessment
ongoing data collection... goal achievement... member contributions
interpersonal assessment
group cohesion... interpersonal skills... member satisfaction... rela…
21 terms
Performance Evaluation
Task assessment
Interpersonal assessment
Five dysfunctions of a team
Team climate inventory (4)
- Ongoing data collection... - Goal achievement... - Member contrib…
- Group cohesion... - Interpersonal skills... - Member satisfaction
- Absence of trust (bottom of pyramid)... - Fear of conflict... - l…
- Shared vision... - task assessment... - open communication... - cont…
Task assessment
- Ongoing data collection... - Goal achievement... - Member contrib…
Interpersonal assessment
- Group cohesion... - Interpersonal skills... - Member satisfaction
25 terms
Performance Evaluation
Performance Measurement and Control
Information flows from managers to emp…
information from lower organization le…
information from stockholders to manag…
allows fact based management (moving from intuition and hunch…
informing employees about market segments and types of activi…
information about progress in achieving intended strategies…
information about strategies and economic payoff
Performance Measurement and Control
allows fact based management (moving from intuition and hunch…
Information flows from managers to emp…
informing employees about market segments and types of activi…
26 terms
Performance Evaluation
power
dependence
coercive power
reward power
+capacity that A has to influence the behavior of B so that B…
+B 's relationship to A when A possesses something that B req…
+power base that is dependent on fear of the negative results…
+compliance achieved based on the ability to distribute rewar…
power
+capacity that A has to influence the behavior of B so that B…
dependence
+B 's relationship to A when A possesses something that B req…
21 terms
Performance Evaluation
high risk smart lucky
RAPM alpha index persistence analysis
dollar weighted return
size timing
3 reasons for high performance: ... ..., ... PM, ... PM
How to assess performance? ...., ... ... & ... ...
Discount rate that sets the PV value of cash flows = level of…
A better way than DWR to evaluate performance is to consider…
high risk smart lucky
3 reasons for high performance: ... ..., ... PM, ... PM
RAPM alpha index persistence analysis
How to assess performance? ...., ... ... & ... ...
19 terms
Performance Evaluation
coercive power
reward power
legitimate power
personal power
A power base that is dependent on fear of the negative result…
Compliance achieved based on the ability to distribute reward…
The power a person receives as a result of his or her positio…
Influence derived from an individual's characteristics.
coercive power
A power base that is dependent on fear of the negative result…
reward power
Compliance achieved based on the ability to distribute reward…
25 terms
Performance Evaluation
What do Performance evaluation systems…
Managerial functions
Administrative functions
Developmental Functions
1. Managerial functions ... 2. Administrative functions... 3. Devel…
- Communication of values and expectations ... - Strategy implem…
- Pay and promotion decisions ... - Validations of recruitment a…
- Feedback ... - Professional and personal growth
What do Performance evaluation systems…
1. Managerial functions ... 2. Administrative functions... 3. Devel…
Managerial functions
- Communication of values and expectations ... - Strategy implem…
10 terms
Performance Evaluation
How does one define performance?
Define execution time
Define throughput
Define data path
Accurately measuring and comparing different computers is cri…
The total time required for a computer to complete a task. Th…
The number of tasks completed per unit time
The ability to move data from one part of the CPU to another
How does one define performance?
Accurately measuring and comparing different computers is cri…
Define execution time
The total time required for a computer to complete a task. Th…
17 terms
PERFORMANCE EVALUATION
What are the four purposes of the Enli…
What are the 4 attributes of effective…
What are the methods of monitoring?
Indirect Observation
1. To establish performance standards and provide meaningful…
Achievable/ Attainable ... Specific... Observable ... Measurable
Indirect Observation... Dircet Observation
Observations from trusted peers or leaders so you receive unb…
What are the four purposes of the Enli…
1. To establish performance standards and provide meaningful…
What are the 4 attributes of effective…
Achievable/ Attainable ... Specific... Observable ... Measurable
10 terms
Evaluating Performance
Profitability
Liquidity
Efficiency
Stability
the ability to earn profit
the ability to meet short-term debts as they fall due
the ability to manage assets and liabilities
the ability to meet its debts and continue its operations in…
Profitability
the ability to earn profit
Liquidity
the ability to meet short-term debts as they fall due
15 terms
Performance Evaluation
Reward system purpose
Types of rewards
Compensation Philosophy
Compensation structure
attract, retain, and motivate employees
Recognition and compensation
How a company values employees... Types of pay:... Base pay (hourly…
Method of administering the pay philosophy. "how much."... Job d…
Reward system purpose
attract, retain, and motivate employees
Types of rewards
Recognition and compensation
23 terms
Evaluating Performance
Analyssing
Interpreting
Profitability
Liquidity
Examining the financial reports in detail to identify changes…
Examining the relations between the items in the financial re…
The ability of the business to earn profit, as compared again…
The ability of the business to meet its debts as they fall du…
Analyssing
Examining the financial reports in detail to identify changes…
Interpreting
Examining the relations between the items in the financial re…
43 terms
Evaluating Performance
Evaluating Liquidity
Assessing Liquidity
The Working Capital Ratio
WCR Formula
Refers to the ability of a business to meet its short term de…
Any assessment of liquidity should begin by analysing the lev…
Ability to repay short term debts... A liquidity indicator that…
current assets/current liabilities x 365... eg- 1.63:1 = for eve…
Evaluating Liquidity
Refers to the ability of a business to meet its short term de…
Assessing Liquidity
Any assessment of liquidity should begin by analysing the lev…
48 terms
Evaluating Performance
Assessment
Data analytics
Data Analytics Activities
Judgement
ARe we meeting expectations
The science of examinign raw data with the purpose of drawing…
Display measurement data... Compare actual performance with expe…
Formation of an opinion ater consideration or deliberation
Assessment
ARe we meeting expectations
Data analytics
The science of examinign raw data with the purpose of drawing…
43 terms
Evaluating Performance
Benefits of Testing Athletes
Limitations of Testing Athletes
Essentials Criteria of Testing Athlete…
Essentials of Testing Athletes (3-4)
1. Identify Opportunities for Improvement... 2. Feedback about e…
Testing will not identify future Olympians
1. Relevant and Specific... 2. Valid and Reliable
3. Controlled Conditions... 4. Regular testing with interpreted…
Benefits of Testing Athletes
1. Identify Opportunities for Improvement... 2. Feedback about e…
Limitations of Testing Athletes
Testing will not identify future Olympians
20 terms
Evaluating performance
I must say
overall
content
particularly
Azt kell, hogy mondjam
összességében
tartalom
különösen
I must say
Azt kell, hogy mondjam
overall
összességében
29 terms
Performance Evaluations
Supervisor
Reporting Official (Rater)
The Enlisted Evaluation System has fou…
(5) Impacts of Enlisted Evaluation Sys…
A person of any rank who directs the activities of an individ…
The official in your chain of command designated by managemen…
1) To establish performance standards and expectations for ra…
Promotion, Decorations, Productivity, Developmental Special D…
Supervisor
A person of any rank who directs the activities of an individ…
Reporting Official (Rater)
The official in your chain of command designated by managemen…
37 terms
Performance Evaluations
How are performance traits graded?
What performance trait grade represent…
What reports may be signed by an Enlis…
What reports may be signed by a Chief…
5- point scale, from 1.0 (lowest) to 5.0 (highest)
3.0
Reports on E-5 and below
E-4 and below only
How are performance traits graded?
5- point scale, from 1.0 (lowest) to 5.0 (highest)
What performance trait grade represent…
3.0
61 terms
Evaluating Performance
Profitability
Liquidity
Efficiency
Stability
- Ability of business to earn profit ... - measured by comparing…
Ability of business to cover short term debts as they fall due
Ability of business to manage its assets and liabilities
Ability of business to:... - meet its debts... - continue its opera…
Profitability
- Ability of business to earn profit ... - measured by comparing…
Liquidity
Ability of business to cover short term debts as they fall due
32 terms
5. The Practice of Performance Evaluation
8. The Practice of Performance Evaluat…
Example of Qualitative assessment
Example continued
Exhibit 18
Regardless of the amount of performance data compiled, the *p…
For the sake of exposition, we consider a TYPICAL fund spon…
The staff maintains files on those managers who have attracte…
8. The Practice of Performance Evaluat…
Regardless of the amount of performance data compiled, the *p…
Example of Qualitative assessment
For the sake of exposition, we consider a TYPICAL fund spon…
37 terms
Evaluation of ADL Performance
ADLs, PADLs, BADLs all require...
IADLs require..
ADL Screening
ADL Evaluation
basic skills
Advanced.. ... Problem solving skills... Social skills... Complex envi…
No protocol - Can be done via interview, use of checklists, o…
-More in depth observation of functional performance in patie…
ADLs, PADLs, BADLs all require...
basic skills
IADLs require..
Advanced.. ... Problem solving skills... Social skills... Complex envi…
32 terms
5. The Practice of Performance Evaluation
8. The Practice of Performance Evaluat…
Example of Qualitative assessment
Example continued
Exhibit 18
Regardless of the amount of performance data compiled, the pr…
For the sake of exposition, we consider a "TYPICAL" fund spon…
The staff maintains files on those managers who have attracte…
8. The Practice of Performance Evaluat…
Regardless of the amount of performance data compiled, the pr…
Example of Qualitative assessment
For the sake of exposition, we consider a "TYPICAL" fund spon…
13 terms
People Analytics - Performance Evaluation
What are the key benefits identified f…
What is the most important challenge i…
What are factors that can influence em…
What are the key issues that analytics…
+ Employee retention... + Diagnostic methods for hiring... + Identi…
Separating skill from luck. Independently of which means we u…
Factors outside of the employee control:... + Competitors... + Team…
+ Non regressive predictions... + Sample size... + Signal independe…
What are the key benefits identified f…
+ Employee retention... + Diagnostic methods for hiring... + Identi…
What is the most important challenge i…
Separating skill from luck. Independently of which means we u…
82 terms
Measurement of human evaluation and performance
Standard deviation
Error bar
Normal Distribution
Coefficient of variation
The spread of scores around the mean... > A small SD indicates…
A graphical representation of 1 Standard deviation
68% of values fall within ± 1 SD... 95% of values fall within ±…
The ratio of the SD to the mean Expressed as a percentage... =1…
Standard deviation
The spread of scores around the mean... > A small SD indicates…
Error bar
A graphical representation of 1 Standard deviation
24 terms
Chapter 10: Performance Evaluation
Balanced Scorecard
Capital Turnover
Common Fixed Expenses
Cost Center
...
...
...
...
Balanced Scorecard
...
Capital Turnover
...
29 terms
Chapter 10 Performance Evaluation
Decentralization
Advantages of decentralizion
Disadvantages of decentralization
Responsibility centers
splitting of operations into different segments
- frees up top managments time... - encourages use of expert kno…
- potential duplication of costs... - goal congruence issues
companies use responsibility accounting in order to evalute p…
Decentralization
splitting of operations into different segments
Advantages of decentralizion
- frees up top managments time... - encourages use of expert kno…
23 terms
Performance Evaluation (Ch.6)
Total Variance
Flexible budget
Static budget variance
Favorable variance
The difference beween actual results achieved and budgeted (e…
Budget based on the actual sales volume achieved during the p…
The difference between actual results and budgeted results
a variance that increases operating income relative to the bu…
Total Variance
The difference beween actual results achieved and budgeted (e…
Flexible budget
Budget based on the actual sales volume achieved during the p…
30 terms
Chapter 10 Performance Evaluation
Balanced Scoreboard
Capital Turnover
Common Fixed Expenses
Cost Center
A performance evaluation system that integrates financial AND…
Sales revenue divided by total assets. It shows how much sale…
Fixed expenses that cannot be traced to the segment
A responsibility center in which managers are responsible for…
Balanced Scoreboard
A performance evaluation system that integrates financial AND…
Capital Turnover
Sales revenue divided by total assets. It shows how much sale…
Ch 10 Performance Evaluation
decentralize
Advantages of decentralization
Disadvantages of decentralization
responsibility accounting
divide their operations into segments and delegate decision m…
1. top management freed from daily operations; focus on strat…
1. duplication of costs... 2. lack of goal congruence
used to evaluate the performance of a responsibility ceneter
decentralize
divide their operations into segments and delegate decision m…
Advantages of decentralization
1. top management freed from daily operations; focus on strat…
16 terms
Chapter 10: Performance Evaluation
Performance Measurement
Quantitative factor
Qualitative factor
Two critical areas of measurement focus
Process of assessing performance toward a predetermined goal.
Statistical in nature, resulting in a numeral answer. Can be…
Subjective and are based on customer feedback and a superviso…
Customer and the competition
Performance Measurement
Process of assessing performance toward a predetermined goal.
Quantitative factor
Statistical in nature, resulting in a numeral answer. Can be…
34 terms
Chapter 10 - Performance Evaluation
Balanced Scorecard
Capital Turnover
Common Fixed Expenses
Cost Center
A performance evaluation system that integrates financial and…
Sales Revenue / Total Assets... Shows how much sales revenue is…
Fixed expenses that cannot be traced to the segment
A responsibility center in which managers are responsible for…
Balanced Scorecard
A performance evaluation system that integrates financial and…
Capital Turnover
Sales Revenue / Total Assets... Shows how much sales revenue is…
27 terms
Chapter 10 Performance Evaluation
Learning Objective 1
decentralization
advantages of decentralization
Disadvantages of decentralization
Understand decentralization and describe different types of r…
splitting operations into different operating segments
Frees top management's time... Encourages use of expert knowled…
potential duplication of costs... potential problems achieving…
Learning Objective 1
Understand decentralization and describe different types of r…
decentralization
splitting operations into different operating segments
64 terms
Chapter 7: Performance Evaluation
Determine the Reason for Evaluating Em…
Forced-Choice Rating Scales
Forced-Choice Rating Scales
Providing Employee Training and Feedba…
The first step in the performance appraisal process
A method of performance appraisal in which a supervisor is gi…
A method of performance appraisal excellent for determining c…
The most common uses and goals for performance appraisal (5)
Determine the Reason for Evaluating Em…
The first step in the performance appraisal process
Forced-Choice Rating Scales
A method of performance appraisal in which a supervisor is gi…
26 terms
LOS 31 evaluating portfolio performance
performance evaluation does following.…
Time weighted rate of return (TWRR)
Money weighted rate of return (MWRR)
TWRR vs MWRR
1. Shows where policy and allocation is effective (and where…
IRR on all funds investing during eval period
- MWRR ... affected by external CF timing and asset returns... Ca…
performance evaluation does following.…
1. Shows where policy and allocation is effective (and where…
Time weighted rate of return (TWRR)
13 terms
Performance evaluation part 1
Comparison groups
Pros and cons of Comparison groups
Sharpe Ratio
M^2
compare your returns to a similar funds ... - popular method
Pros: simple and easy to communicate... Cons: Can be misleading…
Use when choosing among competing portfolios that will not be…
Variation of Sharpe ratio and easier to interpret. ... Compares…
Comparison groups
compare your returns to a similar funds ... - popular method
Pros and cons of Comparison groups
Pros: simple and easy to communicate... Cons: Can be misleading…
26 terms
Midterm Performance Evaluation
General Appearance
Skin Appearance
AAO
Inspect Posterior Thorax
"Well-developed, well-nourished, healthy-looking female sitti…
"Well-perfused, fair"
Name, date, why they're there, where they are ... "AAOX4"
"Well-developed symmetrical musculature"
General Appearance
"Well-developed, well-nourished, healthy-looking female sitti…
Skin Appearance
"Well-perfused, fair"
33 terms
Chapter 10 Performance Evaluation
Balanced Scoreboard
Capital Turnover
Common Fixed Expenses
Cost Center
A performance evaluation system that integrates financial AND…
Sales revenue divided by total assets. It shows how much sale…
Fixed expenses that cannot be traced to the segment
A responsibility center in which managers are responsible for…
Balanced Scoreboard
A performance evaluation system that integrates financial AND…
Capital Turnover
Sales revenue divided by total assets. It shows how much sale…
12 terms
CH8: Performance Evaluation
static budget
flexible budget
dif from budgets
standard
"master budget" remains unchanged even if the actual volume c…
extension of master budget- expected rev and costs over a var…
total fc remains the same ... total vc will change
what is expected for the next period
static budget
"master budget" remains unchanged even if the actual volume c…
flexible budget
extension of master budget- expected rev and costs over a var…
12 terms
Ch 2 Performance Evaluation
Supervisor
Reporting official or rater
Purposes of enlisted evaluation system
Reasons to become acquainted with subo…
Directs the activities of an individual or team
Official in your chain of comand that provides performance fe…
Productivity... Promotions... Force management
Match personal interests with job, predict employee responses…
Supervisor
Directs the activities of an individual or team
Reporting official or rater
Official in your chain of comand that provides performance fe…
23 terms
Reading 3 Performance Evaluation
Performance Evaluation
Performance Evaluation Stakeholders (8)
Performance Evaluation: Major Componen…
Ex Post Performance
measurement, analysis, interpretation, assessment, and presen…
1) Investor... 2)Portfolio Manager... 3) Marketing Officer... 4) Risk…
1) Performance Measurement... 2) Performance Attribution... 3) Perf…
performance that addresses a past time period
Performance Evaluation
measurement, analysis, interpretation, assessment, and presen…
Performance Evaluation Stakeholders (8)
1) Investor... 2)Portfolio Manager... 3) Marketing Officer... 4) Risk…
9 terms
Drama performance evaluation
Title
Context
Key moment
Quotes
State the title of the production
Give a oneline description of what is happening in the scene
Define a key moment in the scene
Define the moment with a quote from the actor
Title
State the title of the production
Context
Give a oneline description of what is happening in the scene
24 terms
Ch. 10: Performance Evaluation
decentralize
goal congruence
responsibility center
responsibility accounting
companies that spit their operations into different operating…
when the goals of the segment managers align with the gals of…
a part of an organization whose managers is accountable for p…
a system for evaluating the performance of each responsibilit…
decentralize
companies that spit their operations into different operating…
goal congruence
when the goals of the segment managers align with the gals of…
13 terms
Chapter 3 evaluation of performance
Components
Efficiency
Productivity
Quantitative measures
Processed parts purchased from another producer
The way the organization uses its available resources to achi…
A measure of the functioning and efficiency of a production s…
Measures that are based on the use of numerical data
Components
Processed parts purchased from another producer
Efficiency
The way the organization uses its available resources to achi…
50 terms
Ch10 Performance Evaluation
Decentralization and Responsibility Ce…
Decentralization and Responsibility Ce…
Responsibility Accounting (5)
Cost Center
1. Frees up top management to focus on... 2. Encourages use of e…
1. Potential duplication of cost and effort... 2. Lower level ma…
1. Cost center... 2. Revenue center... 3. Profit center... 4. Investme…
Responsible primarily for costs only... ex. manufacturing plant,…
Decentralization and Responsibility Ce…
1. Frees up top management to focus on... 2. Encourages use of e…
Decentralization and Responsibility Ce…
1. Potential duplication of cost and effort... 2. Lower level ma…
13 terms
Performance Evaluation part 2
Asset allocation
Security Selection
Manager should be doing which?
Style Analysis
the choice of weights for broad classes of assets
The choice of weights for securities within broad classes
Security Selection
Tells whether the returns are because of SS or AS. ... 1) Choos…
Asset allocation
the choice of weights for broad classes of assets
Security Selection
The choice of weights for securities within broad classes
14 terms
Midterm Performance Evaluation
First
General Survey, Mental Status, and Ski…
Second
Posterior Thorax and Lungs... Inspect
Introduce yourself:... Hi, my name is Molly, I'm a student nurse…
Assess mental status: ... Describe general appearance:... I have a…
Posterior Thorax and Lungs... 1. Inspect... 2. Palpate... 3. Percuss…
Her muscles are well developed and symmetrical.
First
Introduce yourself:... Hi, my name is Molly, I'm a student nurse…
General Survey, Mental Status, and Ski…
Assess mental status: ... Describe general appearance:... I have a…
10 terms
Chapter 10 : Performance Evaluation
Which is not one of the potential adva…
The Quaker Foods division of PepsiCo i…
When management only investigates budg…
Which of the following is a disadvanta…
Increase goal congruence
investment center
Management by exception
Focus on short-term performance
Which is not one of the potential adva…
Increase goal congruence
The Quaker Foods division of PepsiCo i…
investment center
31 terms
Chapter 10 Performance Evaluation
Decentralize
Advantages of Decentralization
Disadvantages of Decentralization
Responsibility Accounting
Companies split their organizations into different operating…
1) Frees top management's time... 2) Use of expert knowledge ... 3)…
1) Potential duplication of costs and effort ... 2) Lower level…
System for evaluating the performance of each responsibility…
Decentralize
Companies split their organizations into different operating…
Advantages of Decentralization
1) Frees top management's time... 2) Use of expert knowledge ... 3)…
27 terms
10-Performance Evaluation
systems used to evaluation the perform…
segments of a company for which the ma…
4 responsibility centers
responsible for controlling costs ... per…
responsibility accounting
responsibility center
cost center... revenue center... profit center... investment center
manager of cost center
systems used to evaluation the perform…
responsibility accounting
segments of a company for which the ma…
responsibility center
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