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Explain career progression of individual and performance appraisal.
Performance Appraisal and Individual's Career Progressio:
Performance appraisals assist in unearthing the individual's potential for further growth and development in the organisation. It assists the employee in taking up challenging jobs as they come. Performance appraisal assists him in knowing how he is performing on his jobs. It directs and stimulates employee development. This helps him in finding promoted to higher levels in the organization. It gives a feedback to employee for self - control and self - growth. It helps him in knowing the kind of training programmes to be attended for better career development and job performance.
What is risk? How does risk differ from uncertainty? How does it impact a business?
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