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The Performance Appraisal System for Your Position as President and CEO of a Nonprofit - Term Paper Example

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The objective of the paper " The Performance Appraisal System For Your Position as President & CEO of A Nonprofit " is to recognize several facets and issues of the performance appraisal system and accordingly mitigate them by recommending proper measures…
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The Performance Appraisal System for Your Position as President and CEO of a Nonprofit
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Download file to see previous pages The major responsibilities of the CEO and President are abundant and challenging. They are liable for directing an organization by making appropriate decisions. They are in charge of developing strategies and plans which can ascertain and promote the organization’s overall mission and purposes. They delegate responsibilities to the team members and ensure that the organizational objectives are met. CEO and President of a non-profit organization closely perform with other top executives to implement policies, systems, and other internal control mechanisms in order to enhance the operational procedures. Their other responsibilities comprise the recognition of opportunities for national and global expansion of organizational activities. They ensure that the organization is performing according to the set organizational objectives. Furthermore, CEO and President help to establish certain standards as well as measures in order to effectively utilize the organizational resources (SNC-Lavalin, n.d.).

Performance appraisal plays a vital role in the overall management of the performance of a non-profit organization. It serves two major objectives for a non-profit organization, firstly, it enhances the productivity by helping individuals to realize their complete potentials in order to undertake organizational mission and objectives and secondly, it provides information to the management for making work based decisions. The performance appraisal system is required in an organization as it not only assesses the performance but also helps to motivate the individuals. When organized and managed in an efficient manner, the performance appraisal system can help to align individual activities with the organizational objectives (Colquitt, Lepine, & Wesson, 2013).

Performance appraisal is a regular procedure which offers feedback regarding a person’s execution of responsibilities. ...Download file to see next pagesRead More
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