The article discusses how performance management and appraisal systems can help companies compete globally. It covers topics like planning for clear roles, self-awareness, and improving performance ratings. The researchers look at how these systems are used in India and other Asian countries, and suggest ways to make them more effective. They also explore team performance and new approaches like rating-less appraisals. The goal is to show how these systems can be implemented in organizations to improve performance and decision-making.