Appraisal and the Small Company

In many large organisations appraisal systems are an essential component in professional personnel practice. However, there are many difficulties in managing formal appraisals and in some places the system has decayed into disrepute and disuse. To managers in the small company the costs of implementing such a system may appear to outweigh the potential benefits. This paper examines some of these issues and describes how one small company attempted to develop its own appraisal system.