Achieving an effective appraisal system

The well organized and efficiently run corporation is an integration of many related systems. One of these systems is the managerial performance appraisal. Firms are realizing that through the use of a well designed and coordinated appraisal system, efficiency and productivity can increase. The task of designing and operating an effective appraisal system which is integrated into the total organization is difficult but not impossible. The key in doing so lies in: 1) defining clear objectives for the system, 2) establishing the basic elements which affect the system, 3) scheduling the proper events to achieve an effective appraisal system, 4) obtaining top management support, 5) training the superior in appraisal techniques and 6) using the proper combination of appraisal techniques such as Management By Objectives, Ranking and Rating Scales.