Students
PSYO946 – Performance Assessment of Organisations and Employees
2014 – S2 Day
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Louise Metcalf
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|---|---|
| Credit points |
Credit points
4
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| Prerequisites |
Prerequisites
Admission to DOrgPsych or MOrgPsych or PGDipOrgBeh
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| Corequisites |
Corequisites
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| Co-badged status |
Co-badged status
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| Unit description |
Unit description
This unit is designed to acquaint students with the theory and practice of organisational and employee performance assessment, from both a psychological and a financial perspective. Topics include the rationale for measuring performance and the practical techniques and problems associated with the assessment of employees and organisations. In addition, students are introduced to the language of money, basic business and accounting principles, and the theory of remuneration and incentive systems.
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Important Academic Dates
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
Learning Outcomes
On successful completion of this unit, you will be able to:
- Demonstrate understanding of how employee and organisation performance is assessed
- Demonstrate knowledge of the history and development of financial systems
- Analyse how ‘the market’ economy works
- Analyse basic accounting systems
- Demonstrate knowledge of the language of money
- Report on how the stock market operates
- Develop components of a business plan
- Analyse remuneration and incentive systems
Assessment Tasks
| Name | Weighting | Due |
|---|---|---|
| Account'g rationale and budget | 30% | 29/08/2014 |
| Development of a business plan | 45% | 24/10/2014 |
| Shares reflection paper | 25% | 31/10/2014 |
Account'g rationale and budget
Due: 29/08/2014
Weighting: 30%
In this assessment you are presented with various performance measures of three divisions in the same company. You are required to provide a response to three questions designed to draw out a solid understanding of organisational performance, including financial performance, for each division. You will also be asked to draw back to budgeting by providing some financial recommendations. You can collaborate prior to writing, however final work must be written and submitted individually.
On successful completion you will be able to:
- Demonstrate understanding of how employee and organisation performance is assessed
- Demonstrate knowledge of the history and development of financial systems
- Analyse basic accounting systems
- Demonstrate knowledge of the language of money
- Analyse remuneration and incentive systems
Development of a business plan
Due: 24/10/2014
Weighting: 45%
The major course project involves the development of a ‘business plan’ for a leadership assessment and development business. You are required to work in a group to complete the business plan and then submit your plan as a group submission with all the names of all group members on the title page.
On successful completion you will be able to:
- Demonstrate understanding of how employee and organisation performance is assessed
- Analyse how ‘the market’ economy works
- Demonstrate knowledge of the language of money
- Develop components of a business plan
- Analyse remuneration and incentive systems
Shares reflection paper
Due: 31/10/2014
Weighting: 25%
At the beginning of workshops, you are encouraged to form a group to 'invest' in an imaginary set of shares on a digital trading platform, spending only $100,000. During semester, you and your group will trade the shares with an eye to earning a profit by the end of the final workshop.
On successful completion you will be able to:
- Demonstrate understanding of how employee and organisation performance is assessed
- Demonstrate knowledge of the history and development of financial systems
- Analyse how ‘the market’ economy works
- Demonstrate knowledge of the language of money
- Report on how the stock market operates
Delivery and Resources
This unit is taught via online lecture videos (up to 2 hours per week) and on-campus workshops (3 x 7 hours per workshop). The time and venue information for on-campus classes can be obtained through the university’s timetable site.
Students are expected to attend all scheduled classes. Learning objectives and assessment activities are based on the requirement of a minimum 80% class attendance. Students who attend less than 80% of classes risk automatic failure.
All resources are provided through iLearn
Policies and Procedures
Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:
Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html
Assessment Policy http://mq.edu.au/policy/docs/assessment/policy.html
Grading Policy http://mq.edu.au/policy/docs/grading/policy.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Grievance Management Policy http://mq.edu.au/policy/docs/grievance_management/policy.html
Disruption to Studies Policy http://www.mq.edu.au/policy/docs/disruption_studies/policy.html The Disruption to Studies Policy is effective from March 3 2014 and replaces the Special Consideration Policy.
In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.
Student Code of Conduct
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/
Student Support
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Student Services and Support
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
Student Enquiries
For all student enquiries, visit Student Connect at ask.mq.edu.au
IT Help
For help with University computer systems and technology, visit http://informatics.mq.edu.au/help/.
When using the University's IT, you must adhere to the Acceptable Use Policy. The policy applies to all who connect to the MQ network including students.
Graduate Capabilities
PG - Discipline Knowledge and Skills
Our postgraduates will be able to demonstrate a significantly enhanced depth and breadth of knowledge, scholarly understanding, and specific subject content knowledge in their chosen fields.
This graduate capability is supported by:
Learning outcomes
- Demonstrate understanding of how employee and organisation performance is assessed
- Analyse how ‘the market’ economy works
- Analyse basic accounting systems
- Demonstrate knowledge of the language of money
- Report on how the stock market operates
- Develop components of a business plan
- Analyse remuneration and incentive systems
Assessment tasks
- Account'g rationale and budget
- Development of a business plan
- Shares reflection paper
PG - Critical, Analytical and Integrative Thinking
Our postgraduates will be capable of utilising and reflecting on prior knowledge and experience, of applying higher level critical thinking skills, and of integrating and synthesising learning and knowledge from a range of sources and environments. A characteristic of this form of thinking is the generation of new, professionally oriented knowledge through personal or group-based critique of practice and theory.
This graduate capability is supported by:
Learning outcomes
- Report on how the stock market operates
- Develop components of a business plan
- Analyse remuneration and incentive systems
Assessment tasks
- Account'g rationale and budget
- Development of a business plan
- Shares reflection paper
PG - Research and Problem Solving Capability
Our postgraduates will be capable of systematic enquiry; able to use research skills to create new knowledge that can be applied to real world issues, or contribute to a field of study or practice to enhance society. They will be capable of creative questioning, problem finding and problem solving.
This graduate capability is supported by:
Learning outcomes
- Report on how the stock market operates
- Develop components of a business plan
- Analyse remuneration and incentive systems
Assessment tasks
- Account'g rationale and budget
- Development of a business plan
- Shares reflection paper
PG - Effective Communication
Our postgraduates will be able to communicate effectively and convey their views to different social, cultural, and professional audiences. They will be able to use a variety of technologically supported media to communicate with empathy using a range of written, spoken or visual formats.
This graduate capability is supported by:
Learning outcome
- Develop components of a business plan
Assessment tasks
- Account'g rationale and budget
- Development of a business plan
- Shares reflection paper
PG - Engaged and Responsible, Active and Ethical Citizens
Our postgraduates will be ethically aware and capable of confident transformative action in relation to their professional responsibilities and the wider community. They will have a sense of connectedness with others and country and have a sense of mutual obligation. They will be able to appreciate the impact of their professional roles for social justice and inclusion related to national and global issues
This graduate capability is supported by:
Learning outcomes
- Demonstrate knowledge of the history and development of financial systems
- Analyse how ‘the market’ economy works
- Demonstrate knowledge of the language of money
- Report on how the stock market operates
- Analyse remuneration and incentive systems
Assessment tasks
- Account'g rationale and budget
- Development of a business plan
- Shares reflection paper
PG - Capable of Professional and Personal Judgment and Initiative
Our postgraduates will demonstrate a high standard of discernment and common sense in their professional and personal judgment. They will have the ability to make informed choices and decisions that reflect both the nature of their professional work and their personal perspectives.
This graduate capability is supported by:
Learning outcomes
- Demonstrate knowledge of the history and development of financial systems
- Analyse how ‘the market’ economy works
- Analyse basic accounting systems
- Demonstrate knowledge of the language of money
- Report on how the stock market operates
- Analyse remuneration and incentive systems
Assessment tasks
- Account'g rationale and budget
- Development of a business plan
- Shares reflection paper