performance management apparaisal

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Kirloskar Institute of Advance Management Studies Performance Management appraisal Presentation on 360° degree appraisal System Prepared by: VIVEK MISHRA PG2013-87 KIAMS Submitted to: Prof. Sangeeta Thakur

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Page 1: Performance management apparaisal

Kirloskar Institute of Advance Management Studies

Performance Management appraisal

Presentation on

360° degree appraisal System

Prepared by:

VIVEK MISHRA

PG2013-87

KIAMS

Submitted to:

Prof. Sangeeta

Thakur

Page 2: Performance management apparaisal

PREVIEW

Performance Appraisal System.

What is 360 ̊ ?Process of 360 ̊ Appraisal.

Advantages and Disadvantages.

Page 3: Performance management apparaisal

What is Performance Appraisal?

Performance Appraisal (PA) is the process that

is used to evaluate the personality, performance

and potential of the employees of an

organization.

It is a process of evaluating and communicating

to an employee how he or she is performing the

job and establishing a plan for improvement.

Hence, it is a system of review and evaluation of

job performance to assess accomplishments

and to evolve plans for development.

Page 4: Performance management apparaisal

Performance Appraisal

Performance appraisals are essential for the effective management and evaluation of staff.

Staff performance appraisals also establish individual training needs and enable organizational training needs analysis and planning.

Reviews each individual's performance against objectives and standards for the year, agreed at the previous appraisal meeting.

Important for staff motivation, attitude and behavior development, communicating and aligning individual and organizational aims, and fostering positive relationships between management and staff.

Page 5: Performance management apparaisal

Various Methods Used

Performance Appraisal

• Straight Ranking Method

• Essay Appraisal Method

• Paired Comparison Method

• Critical Incident Method

• Field Review

• Checklist Method

• Graphic Rating Scale

• Forced Distribution

• MBO

• 360 ̊ Method

• Assessment Centres.

• Behaviourally Anchored

Rating Scale.

• Human Resource Accounting.

Traditional Methods Modern Methods

Page 6: Performance management apparaisal

What is 360 Degree Appraisal?

360-degree Appraisal is an

assessment process used to improve

managerial effectiveness by providing

the manager with a more complete

assessment of their effectiveness, and

their performance and development

needs.

Page 7: Performance management apparaisal

What the process involves

Obtaining feedback from the manager's key contacts. These would

normally include:

o The manager him/herself

o Subordinates (employees who work for the manager) o Peers (fellow managers)o Managers (senior management)

o Customers o Suppliers

Page 8: Performance management apparaisal

The Process

Internal Customers “Boss”

Peers

External Customers Team Members

Self

Feedback

collected from

Using a specially

designed tool Anonymously

Page 9: Performance management apparaisal

How to Implement 360 Degree?

360 Degree

Feedback

Planning

Piloting

ImplementationFeedback

Review

Page 10: Performance management apparaisal

What does 360 ̊ measure ?

360 degree measures behaviors and competencies.

360 degree addresses skills such as listening, planning, and goal-setting.

360 degree focuses on subjective areas such as teamwork, character, and leadership effectiveness.

360 degree provide feedback on how others perceive an employee.

Page 11: Performance management apparaisal

How is Feedback obtained?

By using a questionnaire which asks participants to ratethe individual according to observed behaviors - usuallymanagerial or business-specific competencies.

This process will not suit all companies. One shouldassess how well it would fit with the current culturebefore launching a scheme and a secondary scheme isworth building into the program.

Page 12: Performance management apparaisal

QUESTIONNAIRE

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Advantages .. Method of collecting information from as many sources in an

employees environment.

Honest assessment as viewed by a variety of constituents.

Confidential input from many people of how an employee fairs in his job.

Helps employees in seeing themselves as others see them.

It provides information which neither employee nor his/her superior may be aware.

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…Advantages Confidentiality an important aspect.

Employees find this method to be fair.

Gives an indication of performance enhancing or distracting work situation.

Allows to improve the system creating greater harmony and overall improvement.

Help employees identify strength and address skill gaps.

Lends to continuous learning , growing self confidence and improved productivity.

Page 16: Performance management apparaisal

Why 360 degree Appraisal Programs Fail? ….

360 performance rating system is not a validated technique for Performance

appraisal.

With the increase in the number of raters from one to five (commonly), it

become difficult to separate, calculate and eliminate personal biasness and

differences.

It is often time consuming and difficult to analyze the information gathered.

The results can be manipulated by the employees towards their desired ratings

with the help of the raters.

Page 17: Performance management apparaisal

….Why 360 degree Appraisal Programs Fail?

The 360 degree appraisal mechanism can have a adversely effect on the

motivation and the performance of the employees.

360 degree feedback – as a process requires commitment of top management

and the HR, resources(time, financial resources etc), planned implementation

and follow up.

360 degree feedback can be adversely affected by the customers perception of

the organization and their incomplete knowledge about the process and the

clarity of the process.

Often, the process suffers because of the lack of knowledge on the part of the

participants or the raters.

Page 18: Performance management apparaisal