A Study on Feedback Mechanisms, Managerial Skill Enhancement, and Evaluation Fairness of Performance Management

A Study on Feedback Mechanisms, Managerial Skill Enhancement, and Evaluation Fairness of Performance Management.

M.N.JOSIKA ¹ & DR.A.RATHNAKUMAR²

1MBA Student, School of Management Studies,

Sathyabama Institute of Science and Technology, Chennai, Tamil Nadu, India 2Assistant Professor,

School of Management Studies,

Sathyabama Institute of Science and Technology, Chennai, Tamil Nadu, India

INTRODUCTION

Performance management plays a crucial role in the success of any organization, serving as a framework for assessing employee performance, providing feedback, and guiding professional development. In the dynamic landscape of modern businesses, the effectiveness of performance management practices is paramount for maintaining a motivated and productive workforce. Recognizing the significance of this aspect, this study delves into the feedback mechanisms, managerial skill enhancement, and evaluation fairness within the performance management framework at Innoart Technologies. By examining these key components, we aim to gain insights into how the company can optimize its performance management processes to foster employee growth, ensure managerial effectiveness, and uphold fairness and transparency in performance evaluations. In doing so, we endeavor to contribute to the enhancement of organizational performance and the cultivation of a positive work environment at Innoart Technologies.