Improving Performance Appraisal Processes
The best way to improve the process of performance appraisal in your company is to reconsider the appraisal cycle and see if a quarterly appraisal cycle is needed instead of the yearly cycle. This may not be the same for all teams. For example, the sales team may require a quarterly cycle as their targets are already set in their Key Result Areas (KRAs), unlike the HR team, which may not have specific targets.
Understanding Performance Metrics
Understanding the correct metrics of performance appraisal is crucial to determine whether a 360-degree feedback process yields better results than a unilateral approach. Refer to this article link for a more in-depth view of performance appraisals and to explore what may work best for your organization and what may not:
http://quikchex.in/performance-appraisal-5-things/