ENTREPRENEURSHIP

Detailed explanation-1: -Psychological appraisals come in handy to determine the hidden potential of employees. This method focuses on analyzing an employee’s future performance rather than their past work.

Detailed explanation-2: -Psychological Appraisals This method assesses the employees’ potential for future performance rather than their past one. It focuses on employees’ emotional, intellectual, and other personal characteristics affecting their performance.

Detailed explanation-3: -Future Oriented Methods of Performance Appraisal Establish goals and desired outcomes for each subordinate. Setting performance standards. Comparison of actual goals with goals attained by the employee. Establish new goals and new strategies for goals not achieved in previous year.

Detailed explanation-4: -Potential appraisal is future oriented appraisal . The objective of potential appraisal is to identify and evaluate the potential of the employees to assume higher positions and responsibilities in future. Many organisations consider and use potential appraisal as a part of the performance appraisal processes.

Detailed explanation-5: -Psychological appraisals are used to determine the hidden potential of employees, to predict an employee’s potential and future performance rather than their past work.