Guidelines for Effective Executive Performance Appraisals

Executives should be evaluated regularly using a clearly defined process and measurable evaluation criteria. All these factors should be determined based on each company’s goals, objectives, size, compensation philosophy, culture/shared values, and business plan. The information presented in this chapter will assist in designing, implementing and refining an executive performance-appraisal process that will motivate leadership to optimize the organization’s competitive advantages, manage talent, and improve economic performance