PERFORMANCE MANAGMENT FOR MANAGERS
BACKGROUND
Performance management has changed drastically over the
years
Major companies like Adobe, Dell, Microsoft, and IBM have
abandoned traditional performance reviews, opting for continuous, real-time
performance management instead.
Thousands of other organizations, both large and small, have
followed suit.
Learning from Best Practices- we shall also introduce this
system of continuous, Realtime Performance management.
How does it work?
■
Basic Performance Expectations are set and
defined
■
Performance parameters matching the
expectations are introduced on the go
■
Each Parameter has a weight (Indicated by
points) based on criticality
■
They are Points are summed.
■
Periodic release of Performance (It shall be
Termly & Annually)
■
The points scored have consequences.
Consequences
■
Positive performance – Recognition,
Responsibilities, Raise, Rank
■
Consequences of Non-Performance – Stagnant,
Reassignment , Non-renewal
How to Score well?
■
Consistency is the key
■
Understand the work plan
■
Understand your deliverables
■
Be Alert, Communicative and Responsive.
DAS-Continuous Real-Time Dashboard
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