Appraisals undervalued? Then calculate their return on investment
By Ian Lee-Emery on 25 Apr 2014 in HR strategy, Opinion, Performance management, Productivity
After last week’s claims by former BBC HR director Lucy Adams that appraisals do not work, Ian Lee-Emery suggests that a simple calculation of the return on investment (ROI) from performance management can help you prove that they do and build a business case for best practice.
Does performance management add real value in your organisation or do people dismiss it as an HR bureaucracy that takes valuable time away from the “day job”? Intuitively, we all know that performance management can benefit individuals and the organisation. But too often it does not.