The potential appraisal refers to the appraisal involving identification of the hidden talents and skills of a person. The person might or might not be aware of them. Potential appraisal is a future-oriented appraisal whose main objective is to identify and evaluate the potential of the employees to assume higher positions and responsibilities in the organizational hierarchy. Many organizations consider [...]
Everything you need to know about performance management. Performance Management is creating systems, processes and practices that manage and leverage performance of individuals, teams, work units and consequently of the whole organization in a continuous and sustainable manner. 'Managing' performance is about planning performance. Performance Management helps in displaying figures for key performance indicators so that employees can track individual [...]
Everything you need to know about the steps in the performance appraisal process. Performance appraisal is the process of evaluating a manager's performance on the job in terms of the requirement of the job. In other words, it is the systematic assessment of an employee in terms of the performance, aptitudes and other qualities necessary for successfully carrying out his [...]