Importance of Performance Appraisal in Resource Management

Running head: RESOURCE MANAGEMENT
Resource management
Name of the Student:
Name of the University:
Author Note:

1RESOURCE MANAGEMENT
Table of Contents
Main Post.........................................................................................................................................2
Alternate post...................................................................................................................................4
Reply to Anupama Prasai................................................................................................................6
Reply to Maria Ventura...................................................................................................................6
Reference.........................................................................................................................................8

2RESOURCE MANAGEMENT
Main Post
Introduction
Performance appraisals are the tools that are constantly used by the company in order to
measure and quantify the performance of an employee and also identify how the performance
can be improved. The potentiality of the performance appraisal can be quantified based upon the
how a company achieves the strategic objectives. Getting a knowledge of the strategic objectives
with respect to the performance appraisals can help anybody to adapt to the changes and meet the
needs of the company (Dusterhoff, Cunningham & MacGregor, 2014).
Performance appraisal
Improves the morale of the employees and staffs- boosting the morale of the employees is
an important factor when the creation of a creative workforce is an important part. Studies have
indicated that the motivation of employees and the morale of the company improves when the
programs related to performance appraisals are executed properly. Managers help the employees
to identify their weaknesses and the weak points related to the job performance, thus creating a
plan for such employee to combat their weakness can provide a positive feeling to the
employees. This can, in turn, helps the company to achieve its goals. Thus, this is one of the
main reason to highlight the positive parts in the performance reviews and then transform the
negatives of the employees into positives and provide a helping hand for the employee
development (Selvarajan & Cloninger, 2012).
Budgeting tool- Food and Agricultural through a study have concluded that performance
appraisal is utilized as a vital tool in the business process. The performance appraisals provide a
company with an opportunity to point out which employee needs a raise and which employee