Performance Management Systems and Strategies

INTRODUCTION

Performance appraisal is one single important tool which helps in deciding training requirements for an organization and reinforces training activities to balance the team efforts ensuring proper allocation of activities among different members of the group. In human resource management, performance appraisal is the most crucial area of activity. Through periodic performance improvement, organizations can continue to sustain their competitive advantage and identify non-performers, get rid of them, and rationalize the manpower requirement. Performance means the degree or extent with which an employee applies his skill, knowledge, and efforts to a job assigned to him and the result of that application. Performance appraisal means analysis, ...