The first step in the process of performance appraisal is the setting up of the standards which will be used to as the base to compare the actual performance of the employees. This step requires setting the criteria to judge the performance of the employees as successful or unsuccessful and the degrees of their contribution to the organizational goals and objectives.
An effective appraisal system can contribute to competitive advantage by improving employee job performance in two ways- by directing employee behavior towards organizational goals, and by monitoring that behavior to ensure that the goals are met. Use this MBA training report only for your reference and study work.
Author:-Nitin Kumar
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