| Appraising the performance of individuals, group and | | | | professions. One way to integrate organizational |
| organizations is a common practice of all societies. | | | | demands and individual needs is through career |
| While in some instances the appraisal processes are | | | | management that can be a part of corporate |
| structured and formally sanctioned, in other instances | | | | performance management. |
| they are an informal and integral part of daily activities. | | | | Performance appraisal is a method of evaluating the |
| Corporate performance management has sometimes | | | | behavior of employees in the workplace, normally |
| been referred to as the Achilles heel of managerial | | | | including both the quantitative and qualitative aspects |
| staffing, but it is probably a major key to managing | | | | of job performance. Performance here refers to the |
| itself. It is the basis for determining who is promotable | | | | degree of accomplishment of the tasks that make up |
| to a higher position. It is also important to management | | | | an individual's job. It indicates how well an individual is |
| development, because if a manager's strengths and | | | | fulfilling the job demands. Often the term is confused |
| weaknesses are not known, it is difficult to determine | | | | with effort, which means performance is always |
| whether development efforts are aimed in the right | | | | measured in terms of results. A student, for example, |
| direction. | | | | may exert a great deal of effort while preparing for |
| Appraisal is, or should be, an integral part of a system | | | | the examination but may manage to get a poor grade. |
| of managing. Knowing how well a manager plans, | | | | In this case the effort expended is high but |
| organizes, staffs, leads and controls is really the only | | | | performance is low. In order to find out whether an |
| way to ensure that those occupying managerial | | | | employee is worthy of continued employment or not, |
| positions are actually managing effectively. Effective | | | | and if so, whether he should receive a bonus, a pay |
| performance appraisal should also recognize the | | | | raise or a promotion, his performance needs to be |
| legitimate desire of employees for progress in their | | | | evaluated from time to time. |