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Performance appraisal proces iin godrej (gcpl)

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Performance appraisal proces iin godrej (gcpl)

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Performance appraisal proces iin godrej (gcpl)

  1. 1. Performance aPPraisal Process in Godrej(GcPl)
  2. 2. structure of Performance aPPraisal in GcPl
  3. 3. 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
  4. 4. Balance ScOre card
  5. 5. 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.
  6. 6. 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
  7. 7. 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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