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Stephen Fidler, BSc MRICS
Dubai, U.A.E.
Annual Knowledge Forum
2009
One approach
Drive corporate annual objectives
from the top down through each
tier to each individual employee
Stephen Fidler, BSc MRICS
Parsons Overseas Limited
Dubai, U.A.E.
Annual Knowledge Forum
2009
“But the CEO’s corporate annual
objectives are not relevant to me”
• They certainly are!
• Meeting and exceeding these
corporate annual objectives is
crucial to the continued success
Annual Knowledge Forum
2009
Stephen Fidler, BSc MRICS
Parsons Overseas Limited
Dubai, U.A.E.
How ?
• Corporate annual objectives need to be visible
• One of each employee’s annual objectives must be aligned
with one of the corporate annual objectives
• These objectives are cascaded down during annual
appraisals at each managerial and working level
• The objectives set must be SMART for each employee
• Achievements from the lowest level continually feed back up
and accumulate to meet corporate objectives
• Regular feedback allows employees to appreciate the
importance of their contribution through the year
Annual Knowledge Forum
2009
COSTS
Zero
IMPACT
BENEFIT
S
Core objectives are
shared and met –
maybe exceeded?
Sharing common goals
fosters improved
team-work…..
Annual Knowledge Forum
2009
Stephen Fidler, BSc MRICS
Dubai, U.A.E.
Annual Knowledge Forum
2009

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Cascading Objectives

  • 1. Stephen Fidler, BSc MRICS Dubai, U.A.E. Annual Knowledge Forum 2009
  • 2. One approach Drive corporate annual objectives from the top down through each tier to each individual employee Stephen Fidler, BSc MRICS Parsons Overseas Limited Dubai, U.A.E. Annual Knowledge Forum 2009
  • 3. “But the CEO’s corporate annual objectives are not relevant to me” • They certainly are! • Meeting and exceeding these corporate annual objectives is crucial to the continued success Annual Knowledge Forum 2009 Stephen Fidler, BSc MRICS Parsons Overseas Limited Dubai, U.A.E.
  • 4. How ? • Corporate annual objectives need to be visible • One of each employee’s annual objectives must be aligned with one of the corporate annual objectives • These objectives are cascaded down during annual appraisals at each managerial and working level • The objectives set must be SMART for each employee • Achievements from the lowest level continually feed back up and accumulate to meet corporate objectives • Regular feedback allows employees to appreciate the importance of their contribution through the year Annual Knowledge Forum 2009
  • 5. COSTS Zero IMPACT BENEFIT S Core objectives are shared and met – maybe exceeded? Sharing common goals fosters improved team-work….. Annual Knowledge Forum 2009
  • 6. Stephen Fidler, BSc MRICS Dubai, U.A.E. Annual Knowledge Forum 2009

Editor's Notes

  1. Work for Parsons in Dubai – have worked for consultants, clients, contractors and sub-contractors. I also ran my own consultancy business in the UK. So I have a wealth of negotiation experience to draw upon GOOD BAD + INDIFFERENT Chosen to speak on negotiation – and what an audience? Do you know which immigrant nationality has founded more engineering and technology companies in the US in the past decade – more than brits, chinese, taiwanese, japanese?? Indians Entrepreneurial skills combined with innovative thinking – comfort with numbers and another ingredient – NEGOTIATION In india everything is negotiated right?? What we’ll see tonight is that it’s not always the immediate results from a negotiation that are the crucial success factors.
  2. Want you to start challenging your usual success measures and understand the importance of long term relationships
  3. WAIT FOR ANSWERS Who has negotiated anything this week? Today? What have you been negotiating? Do you think it was successful? So why negotiate? Typical reasons - anyone think if any others
  4. WAIT FOR ANSWERS Who has negotiated anything this week? Today? What have you been negotiating? Do you think it was successful? So why negotiate? Typical reasons - anyone think if any others
  5. WAIT FOR ANSWERS Who has negotiated anything this week? Today? What have you been negotiating? Do you think it was successful? So why negotiate? Typical reasons - anyone think if any others
  6. Work for Parsons in Dubai – have worked for consultants, clients, contractors and sub-contractors. I also ran my own consultancy business in the UK. So I have a wealth of negotiation experience to draw upon GOOD BAD + INDIFFERENT Chosen to speak on negotiation – and what an audience? Do you know which immigrant nationality has founded more engineering and technology companies in the US in the past decade – more than brits, chinese, taiwanese, japanese?? Indians Entrepreneurial skills combined with innovative thinking – comfort with numbers and another ingredient – NEGOTIATION In india everything is negotiated right?? What we’ll see tonight is that it’s not always the immediate results from a negotiation that are the crucial success factors.