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@saraf said:
I thought this was asking how would the firm decide what targets to set for staff, so I used the building blocks model to explain that targets set would need to be considered achievable, fair and have ownership. In the appraisal systems the above would stand plus they managers would need to clearly articulate to the staff both financial and non-financial measures in a clear manner so staff are assured that they are in control of those targets.
Thats the approach i also took
From what i remember…
BSC + KPI
Issues with Non-financial perf indicators
Management Styles
Management Targets + Appraisals
Usefulness of Z-Score
Are they in risk of failure
Financial + Operational Gearing
BPR affect on retailers 2 demands
Development of information systems
BPR affect on high ethical standards
What was required for the last part of Question 1? About management target setting and use in appraisal systems?
