PERFORMANCE EVALUATION
Performance evaluation
The systematic process of analyzing and appraising the performance of people, teams, or the organization as a whole is referred to as performance evaluation in an organization. When organizations want to determine how well individuals are completing their job tasks, attaining goals, and contributing to the organizations overall success they use Performance evaluation.
Key aspects of performance evaluation
- It is Systematic and formal, follows a structured process and established criteria.
- Objective and data-driven, based on factual information and performance metrics.
- Multi-dimensional as it assesses various aspects of performance, not just outcomes.
- Regular and ongoing because it is conducted periodically throughout the year or performance cycle.
- Developmental as it aims at identifying strengths and weaknesses and providing guidance for improvement.
- Fair and transparent as it uses consistent standards and applies to all employees or teams equally.