Developing an effective performance appraisal stem has been and will continue to be a high priority of human resource management. Regardless of the criticism this management process has received, America's best-managed corporations consider performance appraisal to be no joke: with them it is seri ous business. Remember that performance appraisal is not an end in itself, but rather the means to impact performance. Performance management is a business process that significantly affects organizational success by having managers and employees work together. It can serve as the key to change that boosts both individual and team accomplishment. Performance management requires planning to determine specific job responsibilities and performance measurements and uses coaching and training to develop needed skills and capabilities. Finally, performance management reviews accomplishments and provides the basis for individual or team performance evaluation.