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Where is Performance Appraisal help?
Performance Appraisal assists in operational decision making in personnel management gives clues to management for effecting improvements in selection procedures and placement of workers, helps in advising and directing the personnel department to design and implement appropriate training programmes for the betterment of worker performance. This guides employee development and encourages healthy competition between employees. This seeks to discover the potential for development in employees. This attracts good employees to the organization. Throughout the process of performance appraisal, the management gets a concept of the difficulties faced by employees. This seeks to evaluate employee performance in a systematic way.
What are the different levels of diversification firms can purpsue by using different corporate level strategies and what are the advantages to diversifying their operations?
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