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A well defined Performance Management System which maps organizational goals is one of the major challenges that many organizations face today. At most times, the disconnect between individual performance targets and overall business goals makes this process mechanical and a mere formality.
Performance Management System is essential to the success of every organization because it influences the efforts expended by its employees, which in turn, drives bottom-line business results. A robust Performance Management System promotes consistent and transparent communication within the organization.
We have extensive experience of creating and fine-tuning PMS which involves: |
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Outlining the organization structure and developing job description for each position. |
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Creating objective performance evaluation process with definite KRAs |
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Linking employee's knowledge, skills, and abilities with the organization's human capital needs and business objectives. |
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Providing individuals with the tools necessary to focus on short-term and long-term goals that contribute to both career and organizational success. |
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Designing reward & recognition framework integrated with Performance Management System |
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Support the organization in developing and sustaining a culture that recognizes and rewards individual contributions and team performance |
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A meaningful Performance Management System will foster an environment for your organization that encourages employees and managers to effectively learn, solve problems, communicate, and hold each other accountable for success. |
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| At Senior/Leadership level, Performance Management System linked with 360-degree feedback is an effective combination as it provides in-depth feedback on workplace behaviour. The multi – rater survey is valuable in understanding the perception of the team about the individual. Often, the feedback process is diluted at the senior level as people speak about what they think the other person wants to hear, rather than what they need to hear. Therefore a 360-degree feedback can help – as the feedback comes from multiple sources and comes anonymously; it provides Senior/Leadership team with exactly what they need: frank evaluations. |
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| 360° Feedback Process |
A 360-degree feedback is a multi-rater survey instrument that uses inputs from employees, peers, subordinates, and seniors to rate the effectiveness of an individual manager based on desired competencies of Leadership Role.
We conduct 360° feedback process to collect honest, unbiased and fair opinions from multi raters in a highly confidential environment. |
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Designing the customized 360° feedback tool to gather the data |
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Analysing the data to create individual reports |
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Discussing the reports and work out a development plan along with the senior team |
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The process helps the senior management/ leadership team to understand how others perceive them |
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Personal development needs are revealed |
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Feedback identifies opportunities for improvement |
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Individuals can better manage their careers and performance |
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| To learn more, contact us on
+91-9820918899 or e-mail reachus@stratagyn.com |
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