Performance Appraisal in Medium Scale Defence Store Manufacturing Firms in and Around Hyderabad : A Perspective and an Approach

Performance Appraisal (PA) is defined as a systematic, periodic and an impartial rating of an employee’s excellence in matters pertaining to his present job and to his potentialities for a better job, more precisely, featuring systematic/ periodic process, evaluating process, future oriented, determining employee’s potentialities / development with objectives of providing feedback, facilitating promotions/lay-off decisions, encouraging performance improvement, motivating superior performance, setting and measuring goals, counselling poor performers, determining compensation changes, encouraging coaching and mentoring, supporting manpower planning, determining individual/organizational training and development needs and improving overall organizational performance. This paper aims, by further improvements of existing PA system, for betterment of employees and the medium scale defence store manufacturing firms in and around Hyderabad. There is also scope of undertaking of empirical research/study based on primary and secondary data, in future, by adopting suitable research methodology/statistical analysis tools. This paper is purely an approach one and discusses current perspectives of performance appraisal in the firms. Therefore, no statistical date has been used