Unit i final

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Unit i final

  1. 1. UNIT-1 PERFORMANCE MANAGEMENT 1
  2. 2. PERFORMANCE • Outcomes Achieved or accomplishments at work • The actual contribution of an individual or team to the organisation’s strategic goals. • It realizes one’s potential. • It is an impact. 2
  3. 3. PFM • A Strategic and integrated approach • Delivering sustained success to organisations • By improving the performance of the people • Who work in them and by developing the capabilities of teams and individual contributors. 3
  4. 4. INTEGRATION Vertical – aligning objectives at the organisation, team and individual levels. Functional – focussing strategies onto tasks in different parts of the organisation Human Resource – linking the human resource management sub-systems like people management, appraisal, task monitoring, motivation reward system and so on. Goals – attempting congruence between individual needs and aspirations of managees with goals and objectives of the organisation. 4
  5. 5. PFM SYSTEM • Planning Managee Performance and Development • Monitoring Managee Performance and Mentoring Managee Development • Annual Stocktaking 5
  6. 6. PLANNING MANAGEE PERFORMANCE AND DEVELOPMENT PLANNING MANAGEE PERFORMANCE AND DEVELOPMENT Establishing Mutual Expectations for Performance & Development Role Description Special and Development al Achievements Performance Standards or the best achievement Outcome of the Most Recent Stocktaking 6
  7. 7. PLANNING MANAGEE PERFORMANCE AND DEVELOPMENT • Study outcome of the most recent stocktaking • Review the managee’s role description • Establish performance standards or the best achievement levels • Design special or developmental assignments 7
  8. 8. MONITORING MANAGEE PERFORMANCE & MENTORING MANAGEE DEVELOPMENTSensitive And Supportive supervision Counselling Coaching and mentoring Delegating Managee Development Planned review Discussions Communication 8
  9. 9. ANNUAL STOCKTAKING • Stocktaking Performance • Stocktaking Potential • Appraising for Recognition and Reward 9
  10. 10. PROCESS OF PFM Org Mission, Goals, Strategy and Operational Plans Individual Role & its Description, Indices for Monitoring Performance, Performance Standards Role-wise Plans and expectations Feedb ack Stock taking Mentoring And Mentoring Activity 10
  11. 11. DIMENSIONS Output or result Input Time Focus Quality Cost 11
  12. 12. ORG AND INDIVIDUAL PERFORMANCE PLAN • Organization's mission and goals • Annual operating plans 12

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