Performance driven culture is the key to the success of the organization

Empxtrack Inc.
Empxtrack Inc.Empxtrack Inc.
Key to Organizational Success
Performance Driven Culture
Introduction
Culture
Organizations that excel in
their domain are nothing but
the result of their leaders’
painstaking efforts to
inculcate a performance
driven culture.
Performance driven culture
Is deep rooted at all levels in the organization
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
3
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
4
Performance drives Employees
Employee
Goals and
Targets
(clearly defined and
formally communicated)
Employee 1 Employee 2
Takes initiative for individual
and team performance
and are in competition with their peers
Performance
Continuously
raises the
performance
bar
A Bumpy Road
Challenges that an organization faces while
nurturing a performance driven culture
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
5
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
6
Challenge 1: Defining Performance Metrics
How to clearly define?
Goals Tasks Measures
How to determine Quantifiable parameters?
Top Leadership
Key Employees
Parameters/
Guidelines
Setting Targets
Goal Setting
Exercise
Managers
All Employees
Performance Metrics are defined
CHALLENGE:
SOLUTION:
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
7
Challenge 2: Collection, Reporting and
Analysis of Performance Evaluation Data
Managing Huge Employee Performance Data
Employee
Achievements
Data
When well
organized
Large amounts
of Data
CHALLENGE:
SOLUTION:
Reports Various Information:
How far are the
employees from
their targets
Business Units that
are performing
better
Business Units that
need to improve
Paper-based
management
Spreadsheet-based
management
SaaS-based Software –
“Performance Management Systems”
Not possible when employing:
The only option:
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
Challenge 3: Identifying the Leaders
among Performers
How to find the Top Performers
Current
performance data
Co-relate various metrics
CHALLENGE:
SOLUTION:
Past
performance data
Evaluate Value of and
Consistency in performance
Select the leaders
(the best overall performers)
Write-off manipulated performance data
Use
this for
Succession planning
Promotions
Rewards
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
9
Challenge 4: Reward Systems
How to handle the Reward System?
Reward
CHALLENGE:
SOLUTION:
Reward System
Cash bonus
Promotion
Vacation
Good
Reward
System
Poor
Reward
System
Employees are indifferent
to your Performance
Management System
Poor
performance
More competition
among peers
Better
performance
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
Challenge 5: Dilemma of Training or
Dropping Non-Performers
What to do with the non-performers?
Performance
evaluation data
CHALLENGE:
SOLUTION:
They bring down the average performance
Grey areas of
non-performers
Plan Training and
Development
Supervisors give
special attention
and time
Has
performance
improved?
Move to a
different
department
Graciously ask
to look for
opportunities
outside
Retain in the
same position
NO
YES
Thank You
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
www.empxtrack.com
1 of 11

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Performance driven culture is the key to the success of the organization

  • 1. Key to Organizational Success Performance Driven Culture
  • 2. Introduction Culture Organizations that excel in their domain are nothing but the result of their leaders’ painstaking efforts to inculcate a performance driven culture.
  • 3. Performance driven culture Is deep rooted at all levels in the organization Copyright 2013 | Saigun Technologies Pvt. Ltd. 3
  • 4. Copyright 2013 | Saigun Technologies Pvt. Ltd. 4 Performance drives Employees Employee Goals and Targets (clearly defined and formally communicated) Employee 1 Employee 2 Takes initiative for individual and team performance and are in competition with their peers Performance Continuously raises the performance bar
  • 5. A Bumpy Road Challenges that an organization faces while nurturing a performance driven culture Copyright 2013 | Saigun Technologies Pvt. Ltd. 5
  • 6. Copyright 2013 | Saigun Technologies Pvt. Ltd. 6 Challenge 1: Defining Performance Metrics How to clearly define? Goals Tasks Measures How to determine Quantifiable parameters? Top Leadership Key Employees Parameters/ Guidelines Setting Targets Goal Setting Exercise Managers All Employees Performance Metrics are defined CHALLENGE: SOLUTION:
  • 7. Copyright 2013 | Saigun Technologies Pvt. Ltd. 7 Challenge 2: Collection, Reporting and Analysis of Performance Evaluation Data Managing Huge Employee Performance Data Employee Achievements Data When well organized Large amounts of Data CHALLENGE: SOLUTION: Reports Various Information: How far are the employees from their targets Business Units that are performing better Business Units that need to improve Paper-based management Spreadsheet-based management SaaS-based Software – “Performance Management Systems” Not possible when employing: The only option:
  • 8. Copyright 2013 | Saigun Technologies Pvt. Ltd. Challenge 3: Identifying the Leaders among Performers How to find the Top Performers Current performance data Co-relate various metrics CHALLENGE: SOLUTION: Past performance data Evaluate Value of and Consistency in performance Select the leaders (the best overall performers) Write-off manipulated performance data Use this for Succession planning Promotions Rewards
  • 9. Copyright 2013 | Saigun Technologies Pvt. Ltd. 9 Challenge 4: Reward Systems How to handle the Reward System? Reward CHALLENGE: SOLUTION: Reward System Cash bonus Promotion Vacation Good Reward System Poor Reward System Employees are indifferent to your Performance Management System Poor performance More competition among peers Better performance
  • 10. Copyright 2013 | Saigun Technologies Pvt. Ltd. Challenge 5: Dilemma of Training or Dropping Non-Performers What to do with the non-performers? Performance evaluation data CHALLENGE: SOLUTION: They bring down the average performance Grey areas of non-performers Plan Training and Development Supervisors give special attention and time Has performance improved? Move to a different department Graciously ask to look for opportunities outside Retain in the same position NO YES
  • 11. Thank You Copyright 2013 | Saigun Technologies Pvt. Ltd. www.empxtrack.com