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Almost every company in one way or another goes through a periodic ritual, known as performance appraisals.  

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Table of Contents Introduction 2 Literature Review 2 Performance appraisal definition 2 Approaches to Performance Appraisals 3 Purposes of Traditional Performance Appraisals 3 Developmental Performance Appraisal Purposes 4 Analysis 5 Common Methods 5 Common Mistakes 7 Successful Performance Appraisal 9 Conclusions 9 Recommendations 10 Bibliography 12 Introduction Almost every company in one way or another goes through a periodic ritual, known as performance appraisals. On hearing performance appraisals, people will pick up the typical painstaking and tedious process with piles of paper and much complexity. At the end of the day, most of the time, every employee gets a similar 'fairly good' evaluation. Sometimes people do ask 'What is the point of doing it?' That's one of the common failures of performance appraisals. Due to those failures, some researchers or professionals argue that performance appraisal is only a perfect idea in theory but it never works out in practice. There is always a reason for everything, and performance appraisal failures are no exception. Why it doesn't work? What are the problems? If we can find out where the...

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