Final answer:
The new performance appraisal system at L.I.J.M.C. might face issues such as lack of employee feedback, inconsistency in evaluations, overemphasis on financial metrics, and difficulty in implementation. These challenges can affect the system's effectiveness and fairness.
Step-by-step explanation:
When considering potential problems with a new performance appraisal system at L.I.J.M.C., some key challenges might occur:
- Lack of employee feedback: If the system does not effectively facilitate or prompt feedback from employees, they may feel their perspectives are undervalued, leading to dissatisfaction and a lack of engagement with the appraisal process.
- Inconsistency in evaluations: Without a robust and standardized process in place, there is a risk that appraisals could be administered inconsistently, affecting the credibility and fairness of the evaluations.
- Overemphasis on financial metrics: Relying too heavily on financial performance indicators can overshadow other important qualitative aspects of employee performance, such as teamwork, creativity, and customer service.
- Difficulty in implementation: Implementing a new system can be challenging, particularly if it is complex or if adequate training and resources are not provided to those responsible for carrying it out.