Management Development - Reviews & Appraisals

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Management Development - Reviews & Appraisals

Explanation

Appraisal noun [countable, uncountable]

1
 a statement or opinion judging the worth, value, or condition of something
[+ of
]: What's your appraisal of the situation?

2 also performance appraisal BrE
 a meeting between an employer and a worker to discuss the quality of the worker's work and how well they do their job

Introduction

Management development is used so that they the company can motivate their staff, so that the performance of their workforce will be improved.

Therefore it is used to improve the performance of the business so that their share price increases and they will attract more shareholders and their sales and profits will be increased, this will also mean that the shareholders will give paid good dividends.

Due to that happening their stakeholders will be showing more interest in the business, which means that they will be able to employ staff more easily so that they will have a wider range of candidates to choose from so they can employee a larger range of highly skilled staff.

Purpose of appraisal schemes

As it is said that the main problem that arises with an appraisal scheme is the confusion over the objectives that are set.

Mainly it can be said that an appraisal scheme is used to develop staff by giving information for progression and resource planning, as well as being able to make out and state the weaknesses of performance.

It helps to provide data that can relate to the salary that a member of staff should be paid and the improvements and chances that need to be made to staff to meet the required standards and improve them for the future.

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As well as helping to show whether the staff should have training/career planning and if so what they need in relation to it and how the communication can be improved between the manager and member of staff, especially in relation to general feedback.

Methods of Reviewing and appraisal schemes

It has been said that appraisals are the most suitable methods of reviewing employees for management and supervisory staff.  Increasingly clerical, secretarial and manual staffs with skilled or technical jobs are now also being appraised.

There are many different people within a business who ...

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