Employee Appraisal System

Organization spend millions for establishing a balanced employee appraisal system, which is targeted to concentrating the company resources to productive use (by asking employees to take up projects & projects have cost). Employees are themselves given the responsibility to quote their objectives, which may or may not be guided by their own motives. 

Assume 50 people having listed their own objectives, those objectives will be moving in their own directions, some for example may work on centralization others might concentrate their efforts on decentralization. 

Where would the organization end up? No where, because they don't have a direction. In the end all effort & cost put into the project goes down the drain. 

One solution for the problem is Balanced scorecard system, it first establishes core objectives for the organization, which in the end gives a list of objectives which can be assigned to teams or employees. These efforts when concentrated in a uni-directional manner, will yield positive results. 

Balanced scorecard is not the only solution for the problem, many more exist. The beauty of Balanced scorecard is in its larger system which takes into account many organizational issues like tracking progress, establishing critical efforts, resource generation etc. One benefit this tool has over others is that, a lot of effort has already been put into documenting the process and system, which makes it easier to understand.