The Future of Performance Appraisal

  • In a fast-paced change and development of the work environment, organizations are faced with the need to adapt efficient and proactively on a continuous basis. Correspondingly it is important for companies to readjust their tools, requirements and processes. Performance appraisal is not an exception. Moreover it is an important part of an organization’s performance management system that assures an integer alignment of the employees’ activities and performances with the company’s strategy and goals. It is a tool, which directly addresses companies’ most important and susceptible to change resources - it’s employees and strategy. Therefore the scope of this paper was to analyze whether the traditionally used performance appraisal system of the present, would work and fit under the challenges and changes of the future of work trends. First, the paper focuses on the analysis of the future of work environment. There are initially researched the forces that will influence future organizations and then the impact on organizations is described. The above mentioned were followed by the analysis of the currently perceived drawbacks of performance appraisal as from studies and researches done by experts in the domain. The analysis points out the most important features referred to as being of a tremendous impact on the success and result of the tool. These faults of the traditional approach would be then compared with the main trends determining future of work, and as a result of the study is the determination whether the tool would perform better in the future organizational setting or worse depending on how the criteria concluded as being most influential would co-work. In conclusion it was observed that performance appraisal as such would still be an important tool in the future organization as it’s commonly perceived scope would gain in importance. However, the approach and implementation would have to be drastically reconsidered. As most of it’s currently perceived drawbacks would be in an even more devastating conflict in the upcoming time of business and employment. It refers to it’s form, owner, customer and implantation, all of these would need an radical transformation.

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Metadaten
Author:Viorica Cretu
Advisor:Armin Trost
Document Type:Bachelor Thesis
Language:English
Year of Completion:2015
Year of first Publication:2015
Release Date:2015/11/26
Tag:Performance appraisal; appraisal; performance
Degree Program:IBM - International Business Management
Functional area:Human Resource Management