Final answer:
A performance analysis comprises evaluating personality and behavioral characteristics, as well as meeting performance standards in relation to set goals. Candidate analysis and periodic performance appraisals are essential for career development and organizational efficiency.
Step-by-step explanation:
The major components of a performance analysis are personality characteristics, goals or objectives, behavioral characteristics, and performance standards. In the context of a performance evaluation, it's important to review the goals or objectives to determine which have been met, exceeded, or not met, and to relate this to future work goals. This review assists in setting goals for the next interval. Furthermore, understanding personality characteristics through tools like the Five Factor Model helps in creating self-awareness for career development. It is also vital for companies to conduct candidate analysis and testing to measure candidates against the job description using various methods like personality and integrity tests.
During performance appraisals, which are typically documented several times a year, employees have the opportunity to receive feedback, discuss achievements and concerns, and plan future objectives with their supervisors. Lastly, understanding personality in a cultural context is also significant as cultural factors can influence personality, as seen in individualist and collectivist societies.