Performance Appraisal Time Is Here!

The end of May marks the beginning of the annual Performance Appraisal Process. Performance appraisals serve as the foundation for goal setting, performance measurement and talent development. Goals are set successfully when the employee and manager have a shared understanding of the goals, behaviors and competencies necessary to execute the goals—as well as the performance measures that assess whether the goals were achieved.

The performance evaluation process also provides an excellent opportunity for coaching—a key role of managers. The "manager as coach" arrangement pays huge dividends. It helps employees set the direction for their careers. It gives both employees and managers time to communicate their expectations and concerns. It fosters employee motivation and commitment, and employees and managers an opportunity to revise performance-development goals.