Answer to Question #247025 in Management for Kudzie

Question

Distinguish between performance management and performance appraisal. (5) 4.2 Use a practical example to further explain the distinction between performance management and performance appraisal. 

Answer 1

Performance management is concerned with actually assisting a worker in developing and enhancing his performance and efficiency. Performance appraisal assesses the actual performance of the worker; however, it does not concentrate on the worker's performance productivity.

Performance management denotes the set of activities and responsibilities that ensure that the workers promptly meet their objectives. The aims must be consistent with the goals of the organization. Performance management guarantees the productivity and efficiency of the performance of the personnel when the aims are attained. Performance management has an all-inclusive method in the nous, and it analyses worker performance while reflecting on the development needs of the workers and the organization.

Performance appraisal, in contrast, is nothing but the appraisal of a worker's performance. Feedback practises offered to the employees. After the employees have provided their self-feedback, the manager offers a final assessment. Performance appraisal also handles evaluating a worker's capabilities such as a vow to the organization's core values, capacity to take ingenuities, responsibility for responsibilities, assets, weaknesses, prospects, training, skillset, etc.