ARSE question (Annual Report and Self Evaluation--thanks to D. Mycoff)

Dear FAH! Folks,

I haven't posted anything on here in awhile--nor has anyone else. That's fine. But I have a question and I'm wondering if anyone's around to offer a response.

If you're like me, you've left doing your annual report (or ARSE, as David M. has it) until now--and it's like pulling my own teeth to get myself to do it. Unless, also like me, you tend to let years slip by and then try to make them up before that extended contract review time. Silly system. It's going to change, I think, and one way or another I'm implicated as Div Chair. So here's the question (2 parts; well, 3 parts really):

Is there a point to doing an Annual Report and Self Evaluation? If so, what purpose should it serve and what should it look like?

Grateful for any input. If you make it as a new post, it may become a conversation.

Thanks,

Graham