Question

Difference between performance appraisal and potential appraisal in table form

Answer 1

Here I have attached the file with the answers in table form.

but for formality I have listed below.

Performance Appraisal: 1. Performance appraisal is the analysis of an employee’s performance and their capability of future growth and development 2. It’s a system 3. It has a rigid nature 4. It is a operational tool 5. It is mostly used by human resource management 6. It is conducted annually 7. Has an individualistic approach 8. Focuses on quantitative aspects 9. Corrections are retrospective Performance Management: 1. Performance management is the management of human resource in an organization 2. It is a process 3. It has a supple nature 4. It is a strategic tool 5. It is used by managers 6. It is conducted continuously 7. Has a holistic approach 8. Focuses on qualitative aspects 9. Corrections are prospective

Answer 2

Performance appraisal:
It is actually about analysis of of performance as well as the abilities of the employee for future development. Performance appraisal is done once per year. it has the rigid type of nature it is also known as the performance evaluation

Potential appraisal:
it is actually the evaluation of skill as well as the potential of the employee in order to assume him at higher position in firm and give the more responsibility with in the organization.
Here employee strength as well as weakness also checked.