MGMT335_IP3.2 - Unit 3 IP 2 Start MGMT335 1 Identify at...

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Unit 3 IP 2 Start MGMT335 1. Identify at least 2 different types of evaluation techniques utilized by companies and identify the purpose of or measure of each technique. Google – Uses a self-grading system that was first implemented in Intel. The system called Objectives and Key Results or OKRs for short is implemented to keep employees pushing hard to meet deadlines and achieve bigger and better things. While this system does not directly link to promotions and raises it does help employees focus and accomplish goals, and work results do affect raises and promotions. First, you are to set a list of Objectives and then the Key Results you wish to achieve. The system has a 0-1 point scale this means that normal points are counted in 0, 0.1, 0.2 and so on. The goal is not to get a 1, but it also is not good to get anything below a 0.4. If you reach a one, than you are not making tough goals and are just skating by while a 0.4 or below means that either your goals were too hard, or you didn’t work at them hard enough. The managers take the self-graded forms and then the notes they have and complete a formal review in which the employee is called into a private meeting with the manager to discuss the review as well as the ways to help improve areas with difficulties; this meeting is not all about the bad it has a big focus on the accomplishments as well. This keeps employees aware of their standing within the company as well as knowing the company knows their accomplishments, and that they are an asset. (Yarow, 2014)
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