Premium Essay

Ti Manager

In: Computers and Technology

Submitted By saidkotb
Words 557
Pages 3
Exercising Strategy: A Customized Appraisal System (Chapter 8, p. 392)
Equifax provides information solutions to businesses and consumers regarding credit reporting, fraud protection, and debt recovery services. Equifax created a customized performance system to integrate organizational and individual performance, increase accountability, and improve follow-up. Managers are required to create annual objectives in four areas: strategy, operations, people, and finances. The objectives are weighted along with needed competencies for workplace tasks. A midyear evaluation is completed to ensure that objectives are being met, identify any objectives that need to be changed, and ensure that managers are discussing performance with their employees. Ratings are not given at the midyear review but are provided at the end of the year. As part of the performance management process, employees must include a learning objective, which states how and when the employee intends to accomplish the objective and apply it in job or career development. The objective counts for 10 percent of the employee’s overall evaluation.

Questions:
1. How does this type of performance management system affect training and development?
2. Do you think it is more important for performance management systems such as this one to focus more, less, or about the same on what gets accomplished (objectives) or how it is accomplished (behavior, competencies)? Explain your choice.
3. What recommendations would you give to Equifax to make this system even more effective?

Answer:

1. How does this type of performance management system affect training and development * The employee is actively involved to the process by allowing him to set his own learning objectives. As a result, he will be more motivated to achieve them. * Also, the employee will evaluate himself when reflecting on the...

Similar Documents

Premium Essay

Texas Instruments 13.4

...In 1960, Texas Instruments’ (TI) revenue reached $232 million, which was $32 million over company’s president Pat Haggerty’s announced goal of $200 million. However, the industry was facing a recession at the time, and Patrick Haggerty knew that TI needed to develop a system that would help with innovation and growth of the company. In 1962, Duddy Harris was assigned to find such system, which resulted in development of the OST System: Objectives, Strategies and Tactics. Pat Haggert believed that Texas Instruments must be consumer product centered. Under his leadership TI has organized itself into six major business groups. Each group was subdivided into divisions, which in turn is further divided into product customer centers (PCC), or profit centers. Each Product Customer Center (PCC) manager had responsibilities to Create, Make and Market product in their respective area. The goal of PCC is to allow the business to have a close relationship with customers, and enable an entrepreneurial environment for TI’s middle level managers. The major drawback of Texas Instruments profit center’s decentralized matrix system is the lack of control by top management, possibility of friction and conflict of interest between organization units. With over 80 different PCCs within TI; business cohesion can be a major issue....

Words: 3459 - Pages: 14

Premium Essay

Texas Instruments and Hewlett-Packard Case Solution

...Case Study 13-3: Texas Instruments and Hewlett-Packard Case Context: Texas Instrument (TI) and Hewlett Packard (HP) are two companies famous for introducing Electric and electronic products. Although competing in similar industries, their strategies are very much different. Problem Definition: Given the differences in strategy between two firms, what would you expect would be the differences between TI & HP in their planning and control system; strategic planning systems; budgeting systems; reporting systems; performance evaluation systems and incentive compensations systems. Inferred from the case, we expect some differences in planning and control system between Texas Instruments and Hewlett Packard. This paper will discuss and propose some strategic planning systems, budgeting systems, reporting systems, performance evaluation systems and incentive compensation system for each company. . Strategic Planning Systems: In term of corporate level strategy, both firms have the same definition of business in which the firm will participate. TI and Hewlett-Packard (HP) are both in high-technology electric and electronics. But, the second aspect of corporate level strategy, which is deployment of resources among the business, may be different for each firm depends on the objectives that they want to achieve and competitive advantages that they have....

Words: 3796 - Pages: 16

Premium Essay

Texas Instruments

...Problem Definition Should Harvey-Hudson Electronics (HHE) adopt the same management system of Texas Instruments (TI)? Framework for Analysis and...

Words: 1293 - Pages: 6

Premium Essay

Texas Instruments and Hewlett Packard

...However, for TI, meeting the budget is very important as this measures the company’s efficiency. Reporting systems HP is concentrated more on reporting the policy issue as...

Words: 578 - Pages: 3

Free Essay

Bluetooth Tech

...TI Bluetooth low energy Training, October 2013 Greg Stewart gstewart@ti.com ® 1 Introduction 2 TI Bluetooth low energy benefits – CC2541 Cost Effective  Highly integrated solution • Single-chip and WNP solution • Flash-based  Low cost HW design • 6x6mm QFN package • 2 layers layout Flexibility  Mature solution • TI first to market (2010) • >7000kits shipped • Leading market share (IMS/ABI)  Flexible configuration • Central/Peripheral role switching • Combo Roles • Over-the-air SW update • Boot Image Manager (BMI)  Support • www.ti.com/ble • Most active BLE community (www.ti.com/ble-forum) • All information publicly available High Performance  Powerful • >1 year battery life with CR2032 • 97dB link budget  Ultra-low power • Very low-power sleep modes • Short transition times between operating modes • Ref.design with dc-dc (TPS62730)  Quick software development • SW examples for all adopted profiles • iOS App source code TI Bluetooth low energy enabled Products Kensington Proximity tag Nokia Precious Tag Lifesense Blood Pressure Monitor Ruwido/Swisscom Remote Control UnderArmor Heart Rate Monitor Kwikset Smart door lock Schneider Notebook protector TI Bluetooth low energy enabled Products Smartbiotics Smart LED Bulbs Misfit Wearable's Shine – Activity Monitor KEEO Smart Key TI Bluetooth low energy enabled Products Kinetek LifeTrak TetherCell UniKey Parrot BACTrack TI......

Words: 4075 - Pages: 17

Premium Essay

Chapter 1

...How Managerial Accounting Adds Value to the Organization Add V l t th O i ti • Providing information for decision making and planning. • Assisting managers in directing and controlling g g g g activities. g g p y • Motivating managers and other employees towards organization’s goals. • Measuring performance of activities, managers, and other employees. • Assessing the organization’s competitive position. 1-7 Learning Objective 4 McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved. Managerial versus Financial Accounting A ti Financial Accounting IInterested parties, outside th organization. t t d ti t id the i ti Required and must conform to generally accepted accounting principles. Regulated by the Financial Accounting Standards Board,, and,, to a lesser g degree, the Securities and Exchange Commission. Source of Data The organization's basic accounting system, plus Almost exclusively drawn from the...

Words: 941 - Pages: 4

Premium Essay

Major Features of Texas Instruments’ Management Systems

...How does Texas Instruments ensure that its operating managers appropriately allocate their time between short term and long term? 3. Why do you believe the OST System worked so effectively for TI in the 70s? why was not working effectively for company in the mid-to-late 80s? 4. Would systems like these be appropriate in other organizations, such as Harvey-Hudson Electronics? What implementation problems would you foresee? ANSWERS: NO.1 Texas Instruments (TI) is considered to be the pioneer of the American electronics industry. TI was first established in 1951 as an electronics company serving the American defense industry. In 1958, TI developed the first semiconductor integrated circuit. TI has three main lines of business in 1984: components, which included semiconductor integrated circuits, semiconductor subassemblies, and electronic control devices; digital products, which included mini computers, personal computers, scientific instruments, and calculators; and government electronics, which included radar system, missile guidance and control systems, and infrared surveillance systems. The major management system of TI is OST System, which is Objective, Strategies, and Tactics System. OST System is a system for managing change and innovation. The system was employed to define the strategies the company intended to follow for further growth and development and to identify the tactics required to successfully implement such strategies....

Words: 8423 - Pages: 34

Premium Essay

Is3232

...Page 7 Steps of Access Control Process Access control requires: Identification Id tifi ti Access control process: Subject: presents credentials to the system Authentication: Authentication system...

Words: 836 - Pages: 4

Premium Essay

Summit Electrics Lights Up with a New Erp System

...For TI, corporate governance is understood to mean the “procedures and processes for how private sector organisations are directed, managed 4 and controlled”. This includes the relationships between, responsibilities of and legitimate expectations among different stakeholders (Board of Directors, management, shareholders, and other interested groups). Laws and regulations provide the framework on which corporate governance systems are built. These are complemented by voluntary measures that companies adopt. When corporate governance systems are effective, they prevent managers from abusing the power that shareholders have granted them to represent their interests and the consent stakeholders have extended to them to operate in their communities. Stakeholders include any...

Words: 4187 - Pages: 17

Premium Essay

Hr Cloud Hotels

...The organisation has decided to use an ethnocentric approach and send some of their existing UK-based managers to Spain to lead the changeover of the new hotels and then manage them after they re-open. If this new overseas venture is...

Words: 2901 - Pages: 12

Premium Essay

Office Supply

...Jim Anfield’s proposition for OSI to outsource its IT infrastructure to Technology Infrastructure Solutions (TIS) provides the opportunity to not only match the pace of business growth, but to cut costs and increase the reliability of service to OSI customers. Anfield’s detailed and careful analysis indicates both cost savings and support for growth, however in moving forward from this point TIS will need to work closely with OSI to avoid what Thomas Kern refers to as the “Winner’s Curse.” As Carr suggests, “When a resource becomes essential to competition but inconsequential to strategy, the risks it creates becomes more important than the advantages it provides.” OSI’s IT infrastructure is clearly essential to their success as it provides their customers with easy access to their products, however this does not necessarily mean it is essential to their strategy. More specifically, we can say that IT infrastructure is vital to OSI’s operational effectiveness, but as Porter describes operational effectiveness is not the same as business strategy: “…strategic positioning means performing different activities from rivals’ or performing similar activities in different ways.” Since OSI had adopted their IT approach to their wholesale business in 1996, most competitors have followed in their footsteps. This means that...

Words: 1490 - Pages: 6

Premium Essay

Assignment No. 1

...Any item for which a manager wants to measure a cost Direct Costs e. A cost charged against revenue in an accounting period Indirect Costs f. The return that could be realized from the best forgone alternative use of a resource Answer: Concept Definition Cost b. A sacrifice of resources Opportunity cost f. The return that could be realized from the best forgone alternative use of a resource Expense e. A cost charged against revenue in an accounting period Cost Object d. Any item for which a manager wants to measure a cost Direct Costs a. Costs directly...

Words: 3433 - Pages: 14

Free Essay

Daefe

...The wraps have been selling briskly in test markets, with one store manager reporting sales of two hundred wraps daily. Wrap sandwiches have grown in popularity and are meant to address three large trends among time-pressed consumers: portability, a growing concern over fat content, and a desire for more freshly made, out-of-home dining solutions. However, wrap sandwiches have a mixed record among fast-food restaurants. Long John...

Words: 1001 - Pages: 5

Free Essay

Management

...    • Le  manager  d’aujourd’hui  ne  peut  agir  efficacement  sans  une  connaissance  dans  ces  TI.  Les   décisions  manageriales  impliquent  de  plus  en  plus  la  prise  en  compte  de  ces  technologies   de  l’info     Utilisateurs  finaux  :  ceux  qui  ont  un  contact  direct  avec  le  logiciel  d’application  puisqu’ils   l’utilisent  pour  effectuer  des  tâches  spécifiques.       Pour  un  manager  il  est  important  d’être  un  utilisateur  final  sophistiqué.       Ce  qu’il  faut  réellement  comprendre  c’est  comment  identifier  les  opportunités  d’utiliser  une   technologie  pour  donner  à  notre  firme  un  avantage.       Un  autre  point  important  consiste  dans  le  fait  que  les  technologies  de  l’info  traversent  les   frontières  de  l’informatique  seulement  mais  peuvent  venir  bouleverser  entièrement  un  job   dans  le  marketing  ou  la  compta  par  ex.  «  they  touch  every  processes  in  the  firm  »       La  loi  de  MOORE  (Dr.  ...

Words: 2446 - Pages: 10

Premium Essay

Stock Market in Bangladesh

...Mercantile Bank Limited THURSDAY, AUGUST 11, 2011 I.1 Mercantile Bank Ltd at a glance Mercantile Bank Limited is one of the famous & oldest private banks in Bangladesh. It is a scheduled private commercial Bank established on May 20, 1999 under the Bank Company Act 1991 by Mr. Abdul Jalil (MP), & registered as a Public Limited Company under Companies Act, 1994. The Bank started commercial Banking operations for both organizations & individuals from June 02, 1999. From then within a short time MBL established itself in a strong position in the economy of the country having 35 branches all over the country. It has earned significant reputation in the country’s Banking sector as a Bank & created a wide image in the eye of the people by helping people in investing their money earn profits & serving different organizations to save their money is secured place along with investing in different other businesses for profit, organizational development, country’s economic growth & exchanging money & dealing international business in foreign currency. The dream of creating MBL, which is ‘A Bank of 21st Century’, & fulfilling its will to become “Banglar Bank” as its title says has become successful because of the initiative of some persons who are the sponsors of MBL. There are 30 sponsors in Mercantile Bank Limited and all of them are highly regarded for their entrepreneurial competence. Mercantile Bank Ltd. has consistently turned over good returns on Assets and Capital.......

Words: 8586 - Pages: 35