This paper defines
performance appraisal and comments on its value to any organization. Various methods of performance appraisal are described in detail and common errors made by appraisers are also discussed. From the paper: "In an increasingly
competitive global market place,
organizations are dedicated to continual individual and organisational
improvement. Performance appraisal is considered to be an important tool in accomplishing this improvement. In a study conducted by the American Productivity and Quality Center and Linkage Incorporated several organizations declined to participate in performance appraisal
research as they believed their performance appraisal system to be a source of competitive advantage. One executive compared the revealing of his organization's performance
management strategies to Coca-Cola supplying their recipe."