The concept of performance has been one of the most important and positive developments in the sphere of Human Resources Management in recent years. It has grown out of the realization that a more continuous and integrated approach is needed to manage and reward performance. It is now replacing the current practices of performance appraisals, membership based increment systems and of course the ACRs.
Performance management system is now being used as a strategic tool to achieve an organization’s long term goals in line with its vision. Managing performance within the organization means getting better results from the whole organization, or team and individuals within it, by understanding and managing performance within an agreed framework of planned goals, standards and competence requirements. But HR Managers can only participate and become empowered within their own organizations by knowing how to use these systems effectively to achieve organizational objectives.
The modern HR practioners and members of the Top Management today are trying to learn the new concepts related to this new phenomenon and apply the new methods required for implementing such a Performance Management System in their respective organizations.
Workshop topics to be covered:
This course offer to elaborate the following Learning Contents:
1. The concept of Managing vs. Appraising Performance
2. The Journey away from ACRs to 360 Feedbacks
3. The Performance Management System (PMS)
4. Performance Planning Cycle
5. Management by Objectives (MBO)
6. Key Result Areas (KRA) and Key Performance Indicators (KPI)
7. Balanced Score Cards
8. Appreciative Enquiry
9. 360 feedback
10. Feedback, Coaching, & Counseling
11. Linking Performance with Pay & Rewards