Final answer:
To determine if a 3% sales increase is satisfactory, consider industry standards, economic conditions, and specific company goals. Ask the CEO about sales goals, industry comparisons, market trends, profit margins, and strategies used. Discuss goal setting and the importance of engaging in performance evaluations and continuous improvement.
Step-by-step explanation:
Assessing a CEO's progress and whether a 3% increase in sales is satisfactory depends on several factors, such as industry standards, economic conditions, and company goals. To evaluate the company's performance, you might ask about the context of the sales increase, such as:
- What were the company's sales goals for this period?
- How does this growth compare to industry averages or competitors?
- Are there any significant market trends or changes that could have influenced sales?
- What strategies led to the increase in sales, and can they be scaled?
- What are the profit margins, and have they improved along with sales?
To gauge personal satisfaction with their job and organization, you could consider asking the CEO questions like:
- Considering everything, how satisfied are you with your job?
- Would you recommend the organization as a good place to work?
For future goal setting, discussing the following will be helpful:
- Reviewing past goals that were met, exceeded, or not met.
- Relating past performance to future work goals.
- Setting specific, measurable goals for the next year or work period.
Finally, the CEO should engage actively during performance evaluations, discussing accomplishments, expressing concerns, and being proactive about addressing any weaknesses identified, with a focus on continuous improvement.