Seeking Insights on Performance Appraisal's Role Across Various Industries – Can You Help?

Dear Friends,

I am working on a project about the "Significance of Performance Appraisal." Can anybody suggest or help me with the following topics that I want to include in my project:

- Significance of Performance Appraisal in Competitive Era
- Significance of Performance Appraisal in the Banking Sector
- Significance of Performance Appraisal in the Hotel Sector/Service Sector
- Significance of Performance Appraisal in the Manufacturing Sector

Regards & Thanks,
Neeti

Dear friends,

I am doing a project on Performance Appraisal linked to career development. Can anyone help me with my project? How should I go about forming questionnaires?

Regards and thanks,
Deepika

Significance of Performance Appraisal in Competitive Era

Significance of Performance Appraisal in Banking Sector:
- Corporate governance enhancement.
- Tracking individual portfolio investment results.
- Retaining good talent in the banking sector.

Significance of Performance Appraisal in Hotel Sector / Service Sector:
- Tracks customer service levels and customer complaints management process.
- Fair evaluation of the staff.
- Keeps a consistent level of service quality to the customers.
- Increase in revenue as a result.

Significance of Performance Appraisal in Manufacturing Sector:
- Tracks production yields, reduces rejects, reduces inventory, reduces costs, and increases profit.