Assessment - Research - Training - Evaluation
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Training on Performance Management System
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Performance Management System
The Frame work of PMS is to capture the Current Demonstrated Performance acceptable by the Organization by setting appropriate KRAs / KPIs based on Balance Score Card Concept - where the 3 Lead Indicators are
- Learning & Growth
- Internal Business Process
- Customer Centric
and the 1 Lag Indicator is
- Financials
Each parameter will be having is respective
- OBJECTIVES
- MEASUREMENT
- TARGET
- INITIATIVE
Based on the PMS Framework and the monthly Re-view of the KRAs / KPIs - the Half Yearly and Annual Appraisals are drawn and based on the MATURITY MODEL & PERFORMANCE READINESS - people get compensated and promoted.
The Bell Curve thus created to get the Best 20% Top Performers who need to be retained & promoted , the next 70% population needed to run the business and the Bottom 10% ( who need to be either Re-trained or Replaced )
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For more details contact admin@trainthetalent.com |
