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Introduction Performance management is a means by which an organization can improve and upgrade employee’s performance as the name suggests. T is a process through which employees are evaluated and appraised on a regular basis in order to ascertain their relevance, competence and qualifications for the particular job description for which they have been employed. Performance management is a continuous process of formulating objectives, assessing their progress of attaining them and providing coaching and feedback to ensure that employees are meeting their objectives and career goals. Through this process employees of any organization can be monitored closely an assisted to achieve their personal objectives as employees and the overall organization’s goals and objectives In the long run. The purpose of performance management is to improve the effectiveness of employee performance in an organization, a process which is essential to realization of goals and objectives. In order to achieve performance management, various performance appraisal methods may be adopted and applied on employees. The main performance appraisals methods can be classified into past oriented and future oriented methods. They include the traditional essay method, performance test and observations, confidential records, field review methods, management by objectives, psychological appraisals and assessment centres. Performance management methods consist of the traditional annual evaluation method and new real time feedback coaching format. Annual Evaluation Method versus the Real Time Feedback Coaching Format Annual evaluation methods of appraisals fall under the category of past oriented methods and include the rating scale ...

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