A Performance Appraisal Exercise Often Receives Criticism From Both Managers And Employees

on the issue of

Question

A performance appraisal exercise often receives criticism from both managers and employees on the issue of

reliability of the system. In some MNCs, the appraisal system had become very ineffective and less strategic.

If you were to be the Manager in an organization facing such dilemma, suggest TWO (2) new or contemporary tools for a more strategic and effective performance management. Justify your answer with Out of the Box thinking and reflection

Management