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Performance Management
Redefined
Inspire
Burdensome, Fixed
Ongoing Continuous: Annual and semi annual review supplemented with more frequent informal manager- employee check-ins and other simple communications
Annual One time Process
Traditional PMS
Flexible, Agile, Simple: Light touch, low impact processes to gather performance data. Non-value add administrative activities are eliminated
Assumptions Based Analytics Enabled Decisions : Performance data collected from multiple sources throughout the year and analysed to provide balanced performance insights
Centralized, Deferred Localized, real-time: Real time recognition provided through use of frequent check-in and social media tools to improve performance and drive engagement
Remediation Strengths: Individual strengths identified and leveraged to maximize employee potential and build high performing teams
New Age Performance Management
2