Performance Management Systems and Strategies

ROLE OF APPRAISALS IN PERFORMANCE MANAGEMENT

Performance management is a continuous process, although its appraisals are periodic activities. Thus, as a process performance management is a dynamic process, although its evaluation or appraisals are static. With this, we understand performance appraisals as subsets of performance management. On the other hand, performance management is not possible without performance appraisal. It helps organizations assess where they stand vis-à-vis their competitors in terms of effectiveness in performance. Appraisals do not just reduce the individual performances into some quantitative data, they measure and rate the individual performances with one another, and in the process facilitate in taking performance-related ...