ChEnected

Talking to Your Bo$$- Financial Statements (The Balance Sheet)

. by Teresa Jurgens-Kowal

The cornerstone of a public company’s financial success is the annual report. Wall Street investors, stockholders, executives, and employees are all interested in periodic reports that present a snapshot view of the financial health of the organization, as well as trends of growth or improvement over time. Since these periodic reports tend to drive stock prices up or down, and since your boss’ bonus is based on the value of the company’s stock, he or she is of course interested in how your project will contribute to the bottom line!

The Performance Appraisal System: Part 2 of Effective Employee Performance Management

. by Martin Bergstedt

A formal Performance Appraisal System is a necessity in a growing and successful business or organization. It demonstrates a consistency of understanding and formal communication of what is expected, what is applauded, and what is not acceptable. Everyone is on the same page, senior management, yourself, and the appraised employee.