1. PRFORMANCE MANAGEMENT Presentation at Institute of Business Studies and Research (IBSAR) C.B.D. Belapur, Navi Mumbai On By D.J.Thakur, Principal Consultant E&Q CONSULTING C.B.D. Belapur, Navi Mumbai
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17. TOTAL RETURN FROM WORK Total Returns Challenging work Cash Compensation Benefits Total compensation Total Returns Base pay Cost of living Short term incentive Long term incentive Income protection Allowances Learning Opportunity Recognition & status
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23. PERFORMANCE MANAGEMENT DIAGRAM ANALYSE Analyze individual performance to optimize Execution of strategy Analyze organizational performance to optimize strategy REPORT Report individual performance Report Organizational Performance REWARD Rewards individuals MEASURE Measure individual performance Measure Organization Performance ALIGN Set individuals goals Align individuals with opportunities Set and Align Resources & Budgets Cascade individual goals Define Organization objectives INDIVIDUAL ORGANIZATION
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52. USE OF PERFORMANCE APPRAISAL Performance Appraisal Administering Wages and Salaries Give Performance feedback Identify Strengths and weakness
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54. Types of performance information Trait based Information Job Performance Behavior-based Information Result-based Information
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59. Paired comparison method Name Rahul Lalit Seema Reena total Rahul X X X 3 Lalit X X X X 4 Seema X X 2 Reena X 1 X= indicated person in row ranked higher than person in column. Person with most score is ranked as best.