Even if a company or another organization has the best possible people, resources, and articulated competitive strategic plans, it is their performance management and development system that will ensure that the strategic plan achieves the intended results. This is done through planning, monitoring, reviewing, controlling, assessing, rewarding, motivating, and developing people.
For Performance management and development to take place, the strategic plan must be cascaded through a Balanced Score Card into hierarchical and functional levels, Key Result Areas (KRAs) are identified, Key Performance Indicators (KPIs) are formulated, and cascaded appropriately.
Successfully establishing a Performance Management and Development System or upgrading the current system adopting some of the global best practices is not feasible for organizations without the facilitation and expert inputs of an experienced external expert assisting the senior management team.
Some examples of Performance Management services include, but not limited to the following:
- Implementation of a more beneficial Performance Management & Development system.
- Linking the Strategic Plan to Performance Management.
- Goal Cascading from Corporate Strategic Plan to Business Units to Departments to Teams to Individuals and setting Key Performance Indicators (KPIs)
- Coaching/Management Development programme for Managers on Performance Assessment
- Serving as an independent member of Performance Assessment Monitoring Committee
- Performance Development Planning and Performance Coaching for those who do not achieve the expected level of performance.
These Performance Management & Development services can be customized based on the requirements of the respective client companies along with the right combination of training and management consultancy mix and the right duration.
If you wish to find out how we may be able to assist your organization, please contact us:
