Human Resource of SCG Limited Coursework Example | Topics and Well Written Essays - 1250 words

Human Resource of SCG Limited - Coursework Example Armstrong (2009), Foot and Hook (2005) and Lyster and Arthur (2007) emphasize that the process of performance evaluation should be based on the organization’s goals and objectives. Condrey and Perry (2010), Armstrong (2010) and Lyster and Arthur (2007) express that the process should be based on job performance as it motivates the employees to work hard. Communication is one of the key features of an effective appraisal system as noted by DeIpo (2007), Armstrong and Applebaum (2003) and Armstrong (2009). Armstrong (2010) further reinforced on the significance of communication in this process. Employee participation is vital in the process as it shows their worth and impact in the business operations as stated by DeIpo (2007), Foot and Hook (2005) and Marquis and Huston (2008). The employee performance evaluation should be conducted in a fair and transparent manner as asserted by Marquis and Huston (2008), DeIpo (2007) and Condrey and Perry (2010). Armstrong (2010) further expl ains that there should be no personal bias in the process. The process should be conducted in accordance to set rules and regulations as explained by DeIpo (2007), Lyster and Arthur (2007) and Condrey and Perry (2010). Armstrong (2010), DeIpo (2007), Warner (2002) further add that an effective appraisal system should be standardized. External appraisers may also be involved to reinforce its reliability and credibility. Armstrong and Applebaum (2003), Armstrong (2010) and Condrey (2010) assert the need to train appraisers to eliminate the number of errors in the process. Analysis and Discussion SCG is an insurance company that conducts an annual performance appraisal of its employees. Ingrid Aspwell recently joined the company as a finance manager and is... The intention of this study is SCG as an insurance company that conducts an annual performance appraisal of its employees. Ingrid Aspwell recently joined the company as a finance manager and is making preparations to do her first performance appraisal. She has taken the necessary measures before the procedure by communicating to the staff members. This is by use of a standard performance appraisal form to be completed before the review meeting and a document containing the date and time of the process as expressed by Condrey and Perry. One of the longest serving employees in the department has received the documentation and is not pleased with the idea of the formal meeting. He had an excellent working relationship with the previous manager and his performance was outstanding as reflected in yearly salary increments. He considers himself as more than competent and has worked well in the previous years. He does not understand the purpose of the company’s strategy and targets fo r the following year and fails to understand how they relate to his job. The manager fears that other employees share the same sentiments as she overheard their discussion. These opinions held by employees worried her as they would have a negative impact on the performance appraisal process. The previous system lacked the features of effective performance appraisal. The new manager, on the other hand, introduced a system where the activities of the employees were governed by a system based on management’s objectives as explained by Armstrong and Applebaum.

Decisions in Paradise Paper Essay Example | Topics and Well Written Essays - 750 words

Decisions in Paradise Paper - Essay Example Issues Kava is an island located in the South Pacific. The country has certain social problems due to the fact that the region has a very diverse ethnic and cultural background. Diversity can lead to problems of segmentation between the populations. Another issue with the population of Kava is that the age composition is extremely low. In Kava over 50% of the population is under the age of 15. For business a population with such a low median age is bad because minors are not a part of the labor force of a nation. There are health concerns within the population of Kava. The country has been hit hard by the HIV/AIDS epidemic. If a lot of the employees are infected with the HIV virus this could have a negative impact on the company because the insurance costs are going to be high. Another issue with the population of Kava is that a large portion is indigenous. Indigenous cultures tend to have lower levels of formal education in comparison with urban cultures. A major business risk of do ing business in Kava is that the region is susceptible to multiple natural disasters scenarios including earthquakes, tsunamis, tornados, floods, fires, volcanic eruptions, and hurricanes. The Kava territory is also susceptible to terrorist threats from internal and external sources. Problem Statement Kava is a country that has had troubles attracting foreign investment due to the underdevelopment of the region and the high risk of natural disasters. There is nothing the people of Kava can do about the inherent business risk that nature poses to companies that penetrate this marketplace. Environmental Analysis Doing business in Kava is a high risk proposition for Starbucks Cafe. The country is susceptible to many kinds of natural disasters. To offset the risk of this proposition the company can invest in insurance, but the premiums are going to be high. Despite the country’s susceptibility to natural disasters the country has valuable strategic agricultural crops for Starbuck s Cafe including coffee and cocoa. Due to the high unemployment and necessity of the region Kava would be a perfect location to implement a fair trade coffee plantation. Stakeholders Perspective There are numerous stakeholders that must be considered in any expansion plan into Kava. As a company investing in a foreign market the firm must act in the best interest of the shareholders. The shareholders of Starbucks Cafe expect expansion projects to generate a profit. To accept the project its net present value (NPV) must be higher than cero (Besley & Brigham, 2000). A second stakeholder group that must be considered is the government of Kava. The government of Kava is looking for ways to decrease the unemployment rate and increase its tax revenues. The only way for the government to achieve those goals is by attracting foreign investment. A third stakeholders group that has to be considered is the population of Kava. There are a lot of children living in Kava. Employing the adult popu lation will enable the parents to be able to provide food, medicine, and shelter to the innocent children. A large portion of the population of Kava is composed of indigenous people. Protecting their unique culture and identity is important. The diversity of the population