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Assessment - Research - Training - Evaluation

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Training on

Performance Management System  


Balance Score Card

Performance Management System

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The Framework 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 was 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)

performance_management_through_employee_engagement.pdf
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