Is it about managing performance, or managing the behavior that will produce the performance? And if it is indeed about influencing the person so that he has clarity of agreed outcomes and the support available to him to achieve these, are organizations doing lip service to it or are they serious about the process?
The writing on the wall has started becoming visible that traditional performance management systems are going to be replaced sooner or later.
Yet 80% of organizations continue not only to generate performance scores for employees but also to use them for compensation purpose. The time is not far when modified version of PMS will take over in majority of organizations. Analytics and big data with the support of technology will change the face of PMS. The Performance management system of future has to be outcome driven, forward focused, engaging and adaptive. Following pages are going to reveal as to what all should have a PMS of the future….
Most organizations love the concept of managing performance, and most employees think of this exercise in a narrow dimension. They often think of the dialogue as heavily loaded with a predetermined agenda focused on a financial outcome for them. Is it about managing performance, or managing the behavior that will produce the performance? And if it is indeed about influencing the person so that he has clarity of agreed outcomes and the support available to him to achieve these, are organizations doing lip service to it or are they serious about the process? Are they really influencing his behavior or is the Performance Management system seen as a fixed match?
Diese Geschichte stammt aus der April 2017-Ausgabe von Business Manager.
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Diese Geschichte stammt aus der April 2017-Ausgabe von Business Manager.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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Stress Burst Yourself
Everyone who has ever held a job has, at some point, felt the pressure of work-related stress. Any job can have stressful elements, even if you love what you do. So its important to acknowledge and address it.
Workplace Stress And Burnout
Human Resource needs to rethink its bell curves, talent pools, career progressions & succession plans. Much like Arjun who saw nothing but only the bird's eye, the Humanity Quotient can be a point of focus. Much can be tapped & seeped into from the mythological knowledge banks with an advantage of being a part of one of the world's oldest civilization.
The Importance Of Agility In The Workplace
Multi skilled flexible people play a significant role in developing agile enterprises. For most of the twentieth century management has improved by developing new and better systems. Agile firms are less dependent on systems, more dependent on the intelligence and opportunism of people.
Train The Talent Instead Hiring Fresh
In an organisation when there is a skill gap identified, inducting fresh talent to fill that gap is the normal course of action for HR. In the article the author argues that instead of opting for fresh talent, organisations should explore the possibility of reskilling and upgrading the skills of the present employees to fill the gap which is comparatively less expensive. It will also help in retention.​​​​
Building A Higher Education Institute - The Entrepreneurial Way
If life is the greatest teacher, what should our educational institutes be teaching? This question intrigued me for many years.
Making People Lives Happy By Financial Planning
A lot of people told me that I was an idiot to go back to India and start off. People kept telling me that you will come back in 2 years so why don't you just start here in the US. All I had was a belief that I could make it in India, the drive that was necessary and the support of my wife, parents and a few close friends. I was convinced that I would find an audience who would appreciate advice in their interests and the fact that one could build a scalable business by following the simple strategy of 'Honesty is the best Policy'. Thus, MFA was born from my apartment's bedroom.
Entrepreneurship Is All About Taking Risk!
Happydemic is India's one of its kind digital platform for discovering and engaging some amazing performing arts talent which also caters to customised entertainment options. We have singers, poets etc who register on our platform and we then connect them with right audiences. The beauty of this idea is that it's a melting pot of dreams.
Journey To Startups: Avoidable Pitfalls
This article is based on author's interactions with a number of small scale entrepreneurs with varying degree of success. Based on their inputs, he has identified some pitfalls in the journey towards entrepreneurship. Though the author has not recounted systemic issues like cumbersome regulations, long - drawn registration/clearance process, delayed or scant funding etc. rather, he has attempted to highlight issues which are more fundamental, specific and, therefore can be controlled better by the incumbent.
Ride On Technology Wave To Lead Business
Interview With Ashish Chauhan.
HR Should Create Less Bureaucratic And More Agile People Processes
The Kempegowda International Airport, Bengaluru (BLR Airport) was the first greenfield airport to be built on the Public-Private Partnership model in India.
