Performance appraisal, performance assessment and evaluation program is a process aiming at reviewing the appraisee performance against or based upon the previous agreed or planned KPIs (key performance indicators), by appraiser who is normally the direct supervisor of that appraisee. This should be made as rational as you can to make it an effective process and should be a 2 ways communications, open conversation between the two sides, both from the one who give feedback and the one who receive feedback.
In brief, this is part of management process aiming to ensure each individual, departments, divisions and the whole organization to achieve the business objective, and then draft up a development plan for future needs as well as to maintain the business competitive position in the market.
There's several types of performance appraisals, depending on specific business nature, you can choose one that best suits your business. I prefer the one that I am most comfortable with, which is a one year round process. There's a mid year review, in which the KPI and performance are reviewed, discussed and adjusted where both you and your boss both agree, you can take on more KPIs, reduce or completely remove some other tasks if you both find them no longer necessary; and the final session, which is taken by end of the year. (to be cont')
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