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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
PERFORMANCE DRIVEN ORGANIZATION ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERFORMANCE DRIVEN ORGANIZATION ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERFORMANCE DRIVEN ORGANIZATION ,[object Object],[object Object]
PERFORMANCE DRIVEN ORGANIZATION ,[object Object],[object Object],[object Object],[object Object]
PERFORMANCE DRIVEN ORGANIZATION ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERFORMANCE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
MOTIVATION THEORIES   ,[object Object],[object Object],[object Object],[object Object],[object Object]
MOTIVATION THEORIES ,[object Object],[object Object],[object Object],[object Object],[object Object]
MOTIVATION THEORIES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
MOTIVATION THEORIES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
MOTIVATION THEORIES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
MOTIVATION THEORIES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
MOTIVATION THEORIES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERFORMANCE  ,[object Object],[object Object],[object Object],[object Object]
COMPENSATION ,[object Object],[object Object],[object Object],[object Object]
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
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERFORMANCE ,[object Object],[object Object],[object Object]
VIEWS ON FERFORMANCE MANAGEMENT ,[object Object],[object Object],[object Object]
What should we do?  ,[object Object],[object Object],[object Object],[object Object]
What should we do? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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
ALIGHMENT  ,[object Object],[object Object],[object Object],[object Object]
MEASURE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
REWARD ,[object Object],[object Object],[object Object],[object Object],[object Object]
REPORT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ANALYZE  ,[object Object],[object Object],[object Object]
ANALYZE ,[object Object],[object Object],[object Object],[object Object],[object Object]
ANALYZE ,[object Object],[object Object],[object Object],[object Object]
ANALYZE ,[object Object],[object Object],[object Object]
DESIGNING A PAY FOR PERFORMANCE PLAN ,[object Object],[object Object],[object Object]
DESIGNING A PAY FOR PERFORMANCE PLAN ,[object Object],[object Object],[object Object],[object Object]
DESIGNING A PAY FOR PERFORMANCE PLAN ,[object Object],[object Object]
DESIGNING A PAY FOR PERFORMANCE PLAN ,[object Object]
DESIGNING A PAY FOR PERFORMANCE PLAN ,[object Object]
DESIGNING A PAY FOR PERFORMANCE PLAN ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DISIGNING A PAY FOR PERFORMANCE PLAN  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DISIGNING A PAY FOR PERFORMANCE PLAN ,[object Object],[object Object],[object Object],[object Object]
DISIGNING A PAY FOR PERFORMANCE PLAN ,[object Object],[object Object],[object Object],[object Object]
DISIGNING A PAY FOR PERFORMANCE PLAN ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DISIGNING A PAY FOR PERFORMANCE PLAN ,[object Object],[object Object],[object Object]
DISIGNING A PAY FOR PERFORMANCE PLAN ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DISIGNING A PAY FOR PERFORMANCE PLAN ,[object Object],[object Object],[object Object]
RESEARCH FINDINGS ,[object Object],[object Object],[object Object]
RESEARCH FINDINGS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERFORMANCE MANAGEMENT STEP BY STEP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERFORMANCE MANAGEMENT STEP BY STEP ,[object Object],[object Object],[object Object],[object Object]
PERFORMANCE MANAGEMENT STEP BY STEP ,[object Object],[object Object],[object Object],[object Object]
PERFORMANCE APPRAISAL ,[object Object]
PERFORMANCE APPRAISAL ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
USE OF PERFORMANCE APPRAISAL Performance Appraisal Administering Wages  and Salaries Give Performance feedback Identify Strengths and weakness
PM Methods ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Narrative Method PA METHODS
Types of performance information  Trait based Information  Job Performance  Behavior-based Information  Result-based Information
ROLES FOR PERFORMANCE APPRIASAL Performance Appraisal ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERFORMANCE APPRAISAL  ,[object Object],[object Object],[object Object],[object Object]
APPRAISAL METHODS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
APPRAISAL METHODS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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.
APPRIASAL METHODS   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
APPRIASAL METHODS   ,[object Object],[object Object]
ERRORS IN APPRAISING PRFORMANCE   ,[object Object],[object Object]
ERRORS IN APPRAISING PRFORMANCE ,[object Object],[object Object],[object Object],[object Object]
ERRORS IN APPRAISING PRFORMANCE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Performance Management

  • 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
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 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
  • 24.
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  • 50.
  • 51.
  • 52. USE OF PERFORMANCE APPRAISAL Performance Appraisal Administering Wages and Salaries Give Performance feedback Identify Strengths and weakness
  • 53.
  • 54. Types of performance information Trait based Information Job Performance Behavior-based Information Result-based Information
  • 55.
  • 56.
  • 57.
  • 58.
  • 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.
  • 60.
  • 61.
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  • 64.