THE ROLE OF PERFORMANCE APPRAISALS IN TALENT MANAGEMENT: ALIGNING INDIVIDUAL GOALS WITH ORGANIZATIONAL OBJECTIVES WITH REFERENCE TO HERO

Abstract

An organization's performance assessment is a tool for systematically evaluating workers, pinpointing their areas of strength and growth, and offering constructive criticism. Improving employee productivity, facilitating decision-making about promotions, awards, and training requirements, and ensuring that individual contributions are in line with company objectives are all vital functions it supports. Rating scales, self-evaluations, 360-degree feedback, and management by objectives (MBO) are some of the performance appraisal methodologies included in this research. In order to keep employees trusting and motivated, it also looks at how important it is for the evaluation process to be fair, consistent, and transparent. The abstract discusses the difficulties that businesses have when trying to create an effective assessment system, including issues like prejudice, lack of uniformity, and poor follow-up. It then offers suggestions on how to overcome these hurdles. Continuous performance improvement is the key to corporate success, and a well-designed performance assessment does just that by encouraging employee development.