Analyzing Performance Appraisal: Design, HPWS, and Effectiveness

This report provides an overview of performance appraisal, emphasizing its role in managing employee efforts and achieving organizational goals. It discusses the extent of the effectiveness of performance appraisal programs and highlights the characteristics of appraisal design and implementation. The report also explores the integration of High-Performance Work Systems (HPWS) with other management tools and techniques, such as the capital asset pricing model. It emphasizes the importance of aligning performance review processes with organizational requirements. The document concludes by referencing various academic works related to performance management systems, virtualized computing environments, and the impact of women in top management on firm performance.

APPRAISAL MANAGEEMNT
TASK 2

EXTENT OF EFFECTIVENESS OF
PERFORMANCE APPRAISAL
• Performance appraisal is a concept of
managing employee efforts.
• It includes evaluation and recording of
how efficiently and effectively each
individual is contributing towards
organization’s goals and objectives.
• The effectiveness of performance
appraisal programmes depends upon
how effectively it has been
influencing various workers towards
improving their performance level.

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PERFORMANCE APPRAISAL

CHARACTERISTIC OF APPRAISAL DESIGN
AND IMPLEMENTATION

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COMPONENTS IN HIGH PERFORMANCE
WORK SYSTEM

HIGH PERFORMANCE WORK
SYSTEM

INTEGRATING HPWA WITH OTHER
MANAGEMENT TOOLS AND TECHNIQUES
Management tools and techniques includes various systems,
methodologies and applications adopted by the organization to ensure
long term sustenance in the society.
•The procedure of designing and implementation of worker's performance
reviewing and evaluation must be in accordance with requirements of
various segments within an organization.
•Capital asset pricing model is a tool adopted by risk management
department which is considered equally important at the time of framing
plans as a part of decision making of the organization.

EFFECTIVE APPRAISAL DESIGN

REFERENCES
Varma, A., Budhwar, P.S. and DeNisi, A.S., 2008. Performance management systems: A
global perspective. Taylor & Francis.
Kusic, D., Kephart, J.O., Hanson, J.E., Kandasamy, N. and Jiang, G., 2009. Power and
performance management of virtualized computing environments via lookahead control.
Cluster computing. 12(1). pp.1-15.
Ferreira, A. and Otley, D., 2009. The design and use of performance management
systems: An extended framework for analysis. Management accounting research, 20(4),
pp.263-282.
Smith, N., Smith, V. and Verner, M., 2006. Do women in top management affect firm
performance? A panel study of 2,500 Danish firms. International Journal of productivity
and Performance management. 55(7). pp.569-593.
Cheng, M.I., Dainty, A. and Moore, D., 2006. Implementing a new performance
management system within a project-based organization: A case study. International
Journal of Productivity and Performance Management. 56(1). pp.60-75.