See how the world is changing every day
In today's rapidly changing business environment, manufacturers face a host of challenges, from rising customer expectations and increasing competition to the need for greater agility ...
The retail industry is undergoing a rapid transformation due to the convergence of digital and physical channels, technological advancements, and changing consumer behavior. With the ...
Design thinking is a human-centric approach to problem-solving that has taken the business world by storm. It involves understanding users' needs, brainstorming ideas, prototyping, and ...
Get knowledgeable on our expert’s opinions
Lean management is a production methodology that aims to identify and eliminate waste in the production or service process. The identification of the 8 wastes is ...
We understand the critical role that talent plays in driving business success. Attracting, developing, and retaining top talent is essential for achieving organizational goals and ...
The future of work is an ever-evolving concept that is rapidly changing with the introduction of new technologies, such as artificial intelligence (AI). The rise ...
Learn more from our best practices
The Caribbean region is renowned for its picturesque beaches, vibrant cultures, and a diverse range of tourism offerings. However, beyond its natural beauty, the Caribbean ...
In today's globalized economy, many businesses explore the option of overseas manufacturing to gain competitive advantages. However, this decision requires careful consideration of various factors. ...
What are the characteristics of international business? Definition of international business International business encompasses commercial transactions conducted between two or more nations, often referred to ...
Explore our publication library
Publication Library Hong Kong has been an attractive jurisdiction for doing business for years. Many foreign investors decided to establish and operate their foreign companies ...
Most-asked questions about our services
Why is performance appraisal important in any organization?
Performance appraisal is important in organizations because it helps evaluate how well an employee is doing their job. It gives the employee a chance to see what they are doing well and what they need to improve on. This information can help them grow in their job and become better at what they do. The manager can also use the appraisal to help plan for the employee’s future development and training. Performance appraisals also help the company understand how well its employees are working and what areas need improvement. This information can be used to make decisions about promotions, pay raises, and other benefits. Overall, performance appraisal is important because it helps both the employee and the company to be successful.