A private corporations new CEO took over with the mission of preventing a competitor's proposed takeover. There is a low level of morale, unsatisfactory staff performance standards, and a larger turnover rate than the competition. The performance of the company has been subpar generally due to these and other issues. You are employed in the HR department. A formal report outlining the implementation of the 360-degree rating system to pinpoint performance improvement areas has been requested by the CEO. Mention the stakeholders involved in the process and the respective roles they each perform in your report. Suggest the best practices for appraisal that can be used with the method.

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter12: Managing Human Talent
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A private corporations new CEO took over with the mission of preventing a competitor's proposed takeover. There is a low level of morale, unsatisfactory staff performance standards, and a larger turnover rate than the competition. The performance of the company has been subpar generally due to these and other issues. You are employed in the HR department.

A formal report outlining the implementation of the 360-degree rating system to pinpoint performance improvement areas has been requested by the CEO. Mention the stakeholders involved in the process and the respective roles they each perform in your report. Suggest the best practices for appraisal that can be used with the method.

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