performance appraisal proces iin godrej (gcpl)
Post on 15-Sep-2014
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Performance appraisal proces iin godrej (gcpl)TRANSCRIPT
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Performance Appraisal Processin Godrej(GCPL)
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Structure Of Performance Appraisal in GCPL
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Structure Of Performance Appraisal in GCPL
• The methods that form a part of the performance appraisal system in GCPL are as follows:– Forced Distribution Method– Balance Score Card– Rating System
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Balance Score Card
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Balance Score Card
• The balanced scorecard (BSC) is a strategy performance management tool.
• It is recommend that managers gather information from four important perspectives:– The customer's perspective. – The internal business perspective– The innovation
and learning perspective.
– The financial perspective.
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RATING SYSTEM
The ratings are given against commitments such as:• Substantially falls short of expectation• Almost meets expectation• Meets expectation• Exceeds expectation• Substantially exceeds expectation
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Forced distribution method
•This is a method of performance appraisal to rank employee but in order of forced distribution.•Advantage:
They force reluctant managers to make difficult decisions and identify the most and least talented members of the work group
•Disadvantage:They discourage collaboration and teamwork
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