Performance Management System and Its Implication

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Performance Management System and Its Implication includes the definition about the Performance Management System and different types of Implication methods or steps involve in it.

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Performance Management System and Its Implication

  1. 1. PERFORMANCE MANAGEMENT SYSTEM 1.Business role job description Job skills / knowledge Individual skills / knowledge Team business /objectives 2. Performance Planning 4. Performance measurement 3. Performance development
  2. 2. WHY MEASURE PERFORMANCE ? Because • What you cannot measure you cannot improve. • If you cannot improve you cannot grow. • Measurement helps in objectively differentiating between performers and non performers. • Pay for performance is possible only through metrics.
  3. 3. IMPLICATION METHOD • Work plan – A document that describes the work to be completed by an employee within the performance cycle, the performance expected, and how the performance will be measured. • Corrective action plan – A short-term action plan that is initiated when an employee’s performance fails to meet expectations. Its purpose is to achieve an improvement in performance. • Individual development plan – An action plan for enhancing an employee’s level of performance in order to excel in the current job or prepare for new responsibilities.
  4. 4. • Performance appraisal – A confidential document that includes the employee’s performance expectations, a summary of the employee’s actual performance relative to those expectations, an overall rating of the employee’s performance, and the supervisor’s and employee’s signatures. • Performance documentation – A letter, memo, completed form, or note on which the supervisor indicates the extent to which the employee is currently meeting expectations and provides evidence to support that conclusion. • Fair appraisal – Appraising employees in a manner that accurately reflects how they performed relative to the expectations defined in their work plan and in a manner that is not
  5. 5. CORE AREAS
  6. 6. THANKS……

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