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Assist in developing a comprehensive Performance Management System aimed at improving employee performance;
Develop a more objective system for rating performance;
Establish a rewards system that is focused on rewarding exceptional results and encouraging continuous improvement;
Apply a change management strategy to ensure integration of the new performance management system into the organizational culture; and
Equip employees with the necessary tools to plan, monitor, provide feedback, develop capacity, evaluate and reward performance.
Many organizations make the mistake of equating performance evaluation to performance management. A real performance management system promote performance improvement while a performance evaluation system provides data at best but mostly only promotes compliance among performance evaluators. An effective one promotes organizational or team alignment.
Team Alignment means that people see a line of sight from organizational goals to individual performance targets and that they are being equipped to give maximum contribution to the realization of said goals.
ExeQserve Corporation Consultants believe that the measure of a performance management systemâs effectiveness is the general improvement in employeesâ performance. If the system canât do this, it is not worth the time and money invested in it. For performance improvement to take place however, users must use the system and tools according to their purpose. This can only happen if the users accept the role they play in the performance management scheme and know exactly how to use the available tools for performance management. These, we believe, are the causes and effects that we must address if we are to implement a useful performance management system that is aligned with the companyâs strategic initiatives.
We propose to make some considerable revisions in the companyâs existing system to achieve this proposalâs objectives. Our major strategy includes:
Getting key employees involved in the change process;
Training all involved in the concepts, development and use of performance management tools; and
Follow a change management model to ensure institutionalization of the desired changes and the integration of performance management in the organizationâs culture.
ExeQserve consultants have the experience and tools to carry out all attendant actions related to aforementioned objectives.
Performance Management System Components
We propose to establish a comprehensive performance management system that has the following components:
Establishing tools for auto-generating key performance indicators for performance evaluation and equipping managers to handle performance discussions more effectively.
Auto generating scores for key performance indicators
Techniques for a more objective appraisal of competencies
Establishing a policy for more effective use of rewards to reinforce positive performance.
Migrate to a new rewards system that reinforces and encourages consistent positive performance.
We believe that for any change to be successful, it has to be managed well. We are using John Kotterâs 8-step process for leading change as a way of ensuring that all relevant issues and concerns are addressed as we pave the way for the new performance management system.
This change management framework shall guide the progress of the committee as we introduce changes and fine-tune tools for performance management.
Performance Management Policy, Guidelines, and Tools Features
Policy
Policy Statement
Scope
Responsibilities
For administration
Implementation
Monitoring
Review
Framework
Guidelines
Setting performance goals
Key result areas
Key performance indicators
Competencies and behavioral indicators
Calibrating targets for a fair evaluation
Monitoring performance
Mechanics
Feedback
Developing the capacity to perform
The linkage between PMS and training
Coaching to improve performance
Evaluating performance
Evaluating results
Auto-generated scores
Evaluating competencies
Rewarding performance
Performance bonus
Merit increase
Promotion
Tools
Performance Score Card
Performance Appraisal form
Coaching guide
Employee Developmental plan template
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