Mgt501 Assignment 1 Solution Fall 2021

 

Mgt501 Assignment 1 Solution Fall 2021

 

In today’s we will cover Mgt501 assignment 1 solution

 

Before Going to assignment Solution we will discuss its topic

 

So here are the Topics of our Assignment

 

1.     Recent Behavior Bias

It is only natural to remember recent behavior more clearly than actions from the more distant past. However, performance appraisals generally cover a specified period of time, and an individual’s performance should be considered for the entire period.

 

2.   Central Tendency

Occurs when employees are incorrectly rated near the average or middle of the scale.

 

3.   MBO ( Management by objective )

It is a goal-oriented performance appraisal method, requires that supervisors and employees determine objectives for employees to meet during the rating period, and the employees appraise how well they have achieved their objectives.

 

These were the Topics

Here is the assignment solution

 

 

 

 

 

Human Resource Management (MGT501) Assignment 01

Marks: 10 (3+3+4)                                                                Due Date: August 2, 2021

Weightage: 7

 

 

Important Note: Before attempting the assignment, make sure that you have listened to the relevant video lecture, read handouts and thoroughly understood the relevant concepts. Read all the cases and relevant questions carefully.

 

 

 

 

 

 

 

 

 

 

Case 1: In a small business, no formal appraisal system is placed. An employee who completed all the assigned tasks made a major mistake just before the annual appraisal. Consequently, his supervisor rated him negatively and he could not get any financial benefit. The employee worked hard during the year and was demotivated after the performance appraisal.   Identify the error and explain.	Error/Problem   Recent Behavior Problem /  Recent Behavior Bias	Justification.   Employee worked hard in whole year but did a major mistake in the end and supervisor rate him according to his recent activity.
Case 2:   In a project team, there are a total of 10 members including the team lead. Three of them are very enthusiastic, hardworking and ready to take initiative while other members are somehow reluctant in accepting individual responsibility. One of the team members did not work properly throughout the project duration. The project was completed successfully within budgeted time and constraints. In the end, while assessing the individuals, the team lead used the graphical rating   scale   and   rated  all Members    at    an    average level. Identify the performance Appraisal issue and justify.	Central Tendency Error ( Distributional Error .T )	As 10 team members worked differently. But supervisor rated all members on average. Which can demotivate other members and they will not work well.

Case 3:   The performance appraisal system of XYZ has the following salient features. Performance strengths & weaknesses are discussed semi‐ annually during an appraisal meeting. Reasons for good/poor performance are discussed and relevant guidance is provided at this stage. The record of this appraisal meeting is well‐ maintained for annual appraisal.   Which of the performance appraisal objectives can be met with the help of above mentioned features? How these features can help in meeting the identified objectives? Explain logically.

Objectives         MBO ( Management by objective ) performance appraisal system

How these features can help in meeting the identified objectives?      It will easy to understand for all members and they will relook final targets and their efficiencies and motivation will boost it towards their final targets. Employee will effort and supervisor will be going to meet management by objectives.

 

 

 

 

 

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