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Performance Management
December 10, 2008
We Are Here To Learn
We Are Here to
Refresh Performance Management Process
Help employees and managers better understand Performance Management:
Linkages, Phases and Timing
Concept of SMART goals
Feedback Coaching
Performance Appraisal
Performance Improvement Process
Discuss
How to use Performance Management to help create a great company
How to use Performance Management to create High performance organization
What is Performance Management?
“Performance management is about improving business performance by improving team and individual performance, and ensuring that a company’s strategy is executed and implemented...”
Tom McMullen, Hay Group
Performance Management can also be ….
“… a vehicle for increasing our capacity to get work done, and for achieving what is most important to us.”
Nigel Bristow, Targeted Learning
Performance Management is
An agreement between employee and supervisor
An on-going process
Tied to the merit process
Performance Management should not be
A once-a-year event
An punitive process
A time to give surprises
Performance Management
Align Goals with Business Priorities
Individual/team/department/SBU/corporate strategy
Employees understand what matters most about their job
Build Individual and Organizational Capability
Seek and receive performance feedback
Facilitate developing skills capabilities
Get work done
Differentiate Performance
Desired Outcomes of Performance Management
A results-oriented culture
Improved employee engagement and retention
Reinforcement of company values
Individual growth and development
Enhanced employee and company performance
Differentiation of recognition and rewards
Enablers of Performance Management
Effective, on-going conversations
Employee understanding of performance criteria
Standardized processes, guidelines and tools
Honesty and credibility
Compensation aligned with performance
Performance Management Process
Phase 1:
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