"Devaluation"
A dozen or so years ago someone came up with the idea of “self-evaluation” as part of an employee appraisal or review program.
Many groups and employers quickly embraced the concept including Human Resources Association of Greater Detroit and Kmart.
The well-intended self evaluations cause an employee to wonder why a program meant for employee growth is turned into a self-
confessional. With self-evaluation the employee is forced to failures, weaknesses, and areas of improvement. After-all, failure to
expose one may that management already knew can cast doubt on the employee’s candor.
This is one form of “devaluation”.
The term “devaluation” refers to any employee appraisal or evaluation system where the final product does not provide a roadmap
to short- and long-term employee development.
Effective appraisal programs focus on future employee development. They set out a series of goals relating to where the
employee will find success and a roadmap to get there.
It is important to remember the "success" spot on the map is where the employee is delivering maximum value to the employer
while achieving the utmost personal satisfaction. Annual evaluations or appraisals are necessary because as the employee’s
interests and skills grow the spot where the gain satisfaction while adding value may also change.
Share your own new business term using Contact Us.
Return to the Business Terms? Home page.
A dozen or so years ago someone came up with the idea of “self-evaluation” as part of an employee appraisal or review program.
Many groups and employers quickly embraced the concept including Human Resources Association of Greater Detroit and Kmart.
The well-intended self evaluations cause an employee to wonder why a program meant for employee growth is turned into a self-
confessional. With self-evaluation the employee is forced to failures, weaknesses, and areas of improvement. After-all, failure to
expose one may that management already knew can cast doubt on the employee’s candor.
This is one form of “devaluation”.
The term “devaluation” refers to any employee appraisal or evaluation system where the final product does not provide a roadmap
to short- and long-term employee development.
Effective appraisal programs focus on future employee development. They set out a series of goals relating to where the
employee will find success and a roadmap to get there.
It is important to remember the "success" spot on the map is where the employee is delivering maximum value to the employer
while achieving the utmost personal satisfaction. Annual evaluations or appraisals are necessary because as the employee’s
interests and skills grow the spot where the gain satisfaction while adding value may also change.
Share your own new business term using Contact Us.
Return to the Business Terms? Home page.
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