Research paper on bell curve method of performance management

Abstract

The most important competitive advantage any organization can have, is it’s human capital. The organizations that know how to recruit, deploy, develop and retain this most valued asset, will succeed in this world. Performance Management System is one such tool that plays a crucial role in assessing, developing and retaining of the employees. Todays’ organization need to think of Performance Appraisal System that assesses the performance of employees objectively, motivates them to perform better, allows them to develop required knowledge, skills and abilities and most importantly helps the organizations retain the high performers. This paper aims to study Bell Curve Method of Performance Appraisal which is widely used for this purpose, and any alternatives that can help the organizations assess its employees better, thereby helping them develop and retain the high performers.