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Evaluation is the next element covered and enlists sample forms and outlines for objective evaluation of managers and non-managers. Meetings are included and condensed into three rules for productive evaluation. 1) Don't say anything if there is nothing more to say. 2) Don't say it here if it should have been said somewhere else 3) If there wasn't anywhere else to say it, say it here. Don't leave it unsaid. In other words, deal with performance deficiencies as they surface, not at a performance review meeting. The closing chapters are a examination of rewards, their various types and purposes. He makes clear the distinction between reward and compensation. Compensation, of course, is what people receive for putting in their time, i.e., money. A reward is whatever someone has coming as a result of their performance. Interestingly, he expands the connotation of reward to include something negative like a demotion, a transfer, or termination. He continues the section with subcategorical headings of non-pay rewards, variable rewards, withholding rewards and others. Another break with the norm comes in his insistence that rewards are presented according to results, not simply the effort. The elements again are 1)Selection of employees who have the necessary attitudes, skills and energy to perform the specific job required. 2)Direction of employees through clear, concise and frequent outlining of required activities 3)Evaluation of employees against schedules events and dates that ensure accomplishment of the key objectives 4)Reward of employees that is appropriate to the level of accomplishment, not the effort
Marshall through this book has provided an excellent framework and reference for managers struggling to translate and transfer objectives to subordinates.
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This book and the art it displays crosses all generational lines and will satisfy the tastes of art lovers, history buffs and everyone in between.
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Perhaps. But in fact, The Four Elements of Successful Management can be of substantial value to anyone who has management responsibilities (regardless of level) or who reports to those who do. Many CEOs and COOs need reminders of what they presumably have already learned but perhaps forgotten or neglected. Moreover, entry-level and mid-level managers are provided with a comprehensive frame of reference within which to understand the interdependence of the four elements. After reading Marshall's book, they will have greater respect for the complicated challenges which their own supervisors must face each day. And perhaps be better prepared to face those and/or other challenges in years to come.
It is Marshall's assertion that "the reason managers spend so much time directing is that they do a poor job on selection." Direction should begin "with a strategic plan or business plan that outlines the principal products and services a business wants to produce for a specified market over a specified period of time."
Throughout The Four Elements of Successful Management, Marshall shares a wealth of information and counsel. To at least some executives, perhaps, his ideas may seem obvious...if not simplistic. Be that as it may, he raises all the right questions and then provides answers which are sensible, practical, and cohesive.