Holistic Performance Management Performance Management Process Step 1

Holistic Performance Management

Performance Management Process Step 1: Leaders set organisation and department goals Step 5: HR decisions are made – pay, promotions, training etc. Step 4: Managers and reportees hold formal review sessions and performance rating is done Step 2: Managers and reportees set objectives and behaviour expectations Step 3: Managers and reportees hold ongoing performance discussions

Cascading strategy down the line Phase I: Bottom up approach Phase II: Involve Senior Management Phase III: Communicate final strategy Phase IV: Develop Functional Goals Phase V: Detailed self/ monthly monitoring process Phase VI: Check for understanding • Involve Middle Managers and their teams • Provide basic framework, major achievements & future challenges and guidance • Senior management to mentor middle managers • Finalise the strategy • Explain the big picture • How their jobs contribute to the overall strategy • Convert strategy to functional goals and objectives • KRA linkage of each Executive to the functional/organisational goals • Develop work break down plan for each key objective • Fix the Responsibility and accountability • Quiz • Town Halls

Cascading strategy down the line Strategic Objective Strategic Results Key Measurements Functional Goals Activities & Methods Measurements Who

“Strategy communication and creating a shared vision is critical for the success of overall Organizational Strategy”