An Integrated Conceptual Model of Performance Appraisals and Succession Planning using Multi valued Evaluation

Abstract

The quality of Human Resource and leadership are the two important determinants that determine the success of an organization. Though many organizations asserts that people are their most valuable asset, still very few organizations follows a structured approach for proper talent management i.e. the anticipation of needed human capital in organization, with appropriate system for retaining and rewarding their workforce. The paper proposes a model for performance based Succession Planning(SP) and Performance Appraisals (PA) on the basis of ordinal scale of measurements using expert opinion in terms of linguistic variables such as excellent performance high performance, Moderate and poor performance. The model presented in this paper is an attempt to help organizations in identifying and developing successors for the key position using data gathered through performance appraisals that will help in evaluating the performance of an employee using specific performance appraisals criteria. The proposed model will be beneficial for organizations in strategically identifying and developing required talent pool within the organization for internal promotions through performance appraisal reviews and competency assessments using fuzzy logic, multi valued evaluation model.