The Cooperative and Agricultural Credit Bank (CAC Bank) launched a course that evaluates the job performance of the managers of their branches and departments, which is held under the patronage of the Acting Chairman of the Board of Directors and CEO, Mr. Hashid Al-Hamdani.

The course, organized by the Human Resources and Performance Development Department, is entitled “The Leadership Journey from Creativity to Excellence” and will be held during the period from 9 to 11 of this month of July, and will be trained by Counselor Abdullah Al-Dharafi, Advisor to the Chairman of the Board of Directors for Systems Management.

Vice CEO Shakib Aliwa opened the course and initially welcomed the participants. He stressed the importance of this course on evaluating job performance, as he considered it one of the most important courses. He explained that “senior management, represented by Mr. Hashid Al-Hamdani, attaches great importance to the process of qualifying employees, to raise the level of knowledge, in order to serve the facilitation of activities.”  The bank, and the main goal of the performance evaluation cycle, is to evaluate the performance of each employee, which is directly related to planning. We will not be able to evaluate the performance of employees unless there is a strategic plan that defines the tasks of each person within the bank, from the top of the pyramid to the bottom of the pyramid, and on.  In light of the tasks assigned to each employee, his performance is evaluated.

While the advisor to the Chairman of the Board of Directors of Systems, Abdullah Al-Zarafi, explained that the goal of the performance evaluation cycle is the performance management process mainly to encourage distinguished performance and motivate employees to continue giving, raise the level of their performance and constantly develop their competencies, in addition to raising their morale and strengthening their affiliation with the bank, taking into account the accuracy  Evaluation and its objectivity, as this is achieved through three continuous and complementary stages that include how to deal with the results of each employee’s evaluation, starting from discussing his performance to diagnosing and developing him through proper planning and setting clear goals.”

He considered the process of managing and evaluating performance to be one of the basic processes in institutions, as it is currently used in all modern institutions around the world. The lack of a well-thought-out system leads to individuals making their judgments spontaneously and arbitrarily, which in turn leads to controversy and problems, which in turn negatively affects employees’ motivation and ethics.