Professor, Department of Management, Sumourya Institute of Management, Kurnool
Online published on 27 February, 2017.
Performance Appraisal (PA) has been mostly considered as the significant tool for organizations in making decisions related various personnel aspects of promotion. Performance evaluation measures the amount of information gathered, how they have been used to judge the personal effectiveness while recruiting, selection, training and compensation. Performance Management (PM) is now widely recognized as a significant process of implementation to improve performance and productivity of both employees and organizations by reexamining their present performance. The evaluation results are used to decision making. This research will concentrate on the study of competency models which can be used as standard guidelines to implement performance management systems among employees and employers at organizational level.
Competency Models, Decision Making, Performance Arraisal, Performance Evaluation, Performance Management
