Assessing Performance and Developing Employees(HRM) Essay

Assessing Performance and Developing Employees(HRM) - Essay Example But it is not perfect; with inaccuracies in the scoring system and subjectivity involved in few parameters it has scope of improvement. ‘Performance Preview’ is one of the methods which Samuel Culbert describes as an approach to better performance reviews. He also talks how this system can improve by putting the CEO right in the front of the steering wheel to see for himself the relationships between bosses and subordinates. The HR is using performance review as its own toy right now and holding up to company secrets, but if there is trust and relationship on the basis on which things can change. The scoring system needs to be more objective with transparency and set rules of how much score can be given when. The subjectivity can be avoided in each BSC parameter by law of averages. Culbert’s views are one of an extremist I feel. Performance review is a real chance where a good subordinate can showcase his work; a good boss can affect positivity and motivation. Obj ectives can be set and continuous improvement can be achieved by a performance review and then continued with a performance preview. Not every boss is motivated by money and not every HR person secretive and conspiring against the subordinate.

Marketing Essay Example | Topics and Well Written Essays - 2000 words - 29

Marketing - Essay Example However, many of the researchers specifically name it as ‘status consumption’. In literature the concept of status consumption is defined as the consumption of anything with the intention of boasting of and showing off affluence to others and it ranges from an expensive lipstick to a pricey car (Scheetz, n.d.). Status consumption is the phenomenon through which consumers seek to increase their social standing by conspicuous consumption and possessions (Schiffman). Shukla defines status consumption as the behaviour of the consumer to buy the products and services to enhance their status, no matter what their income or social class is. Basically, status consumption refers to the purchases made by consumers to attain a social status. It also shows the increasing materialism among the people in the society. A lot of work has been done by various researchers on status consumption. Even the concept of status consumption is considered very effective from marketing point of view. In a survey of 239 Malaysian students, it was found that promotional appeals that underline social comparisons are more effective on status seeking customers (Heaney, Goldsmith & Jusoh, 2005). The researchers have been always curious to determine the reasons because of which the consumers go for status consumption. In a study of 598 consumers, it was found that status seeking consumers have a need for uniqueness and can be good opinion leaders (Clark, Zboja & Goldsmith, 2006). Therefore, the need to look superior and to maintain the social status results in status consumption. Ustuner and Holt (2009) studied the concept of status consumption among the middle class people from less industrialised countries. They limited their research to middle class group only because this class does have enough spending power to maintain their social class and they find that significant