A Powerful Business Management Tool For Enhanced Role Clarity, Accountability And Effectiveness
PMS is at the heart of ‘People Management’ and it is an essential development tool in an organization. PMS is critical for the success of a manager to achieve high team performance and optimize team productivity. Implemented well, it not only provides role clarity, optimizes resource utilization but also integrates the individual goals to the organization goals, finally leading to business excellence. It also serves as a process to evaluate employee performance, develop the organizations human capital and meet an individual’s growth and development needs.
The performance management system serves various benefits to the organization, which are as follows:
- It supports to provide data to find the skills and knowledge gaps of employees in order to improvise them through trainings, coaching and mentoring systems.
- It motivates employees to take new challenges and innovate through structure process.
- It provides new opportunities to employees for their growth and development in their professional careers
- It defuses the grievances and conflicts among team members through proper performance evaluation system.
- It assesses the employee’s performance fairly and accurately against the performance targets and standards.
- Employees would enable to provide better results because of clarity on their performance targets.
- Performance management system provides the platform to discuss, develop and design the individual and department goals thorough discussion among manager and their subordinates.
- The under performer can be identified through performance reviews and can raise their skills levels objectively. It quantifies the learning needs through individual development plans or performance improvement plans as well.
This Two-day Workshop aims to:
- Provide conceptual inputs and an application oriented perspective of Performance Management Systems
- Help participants understand the components of the Performance Management System and its impact on business, managerial and organizational effectiveness
- Equip participants with the know how of conducting Performance Analysis and Performance Review Discussion (PRDs)
- Help participants appreciate the linkage of Performance Management with strategic HR & Integrated HR Systems like Competency based appraisal, 360 Degree Appraisal, pay for Performance and other trends in this area.
- Implementing Performance Management Systems during uncertain times.