Performance Management (Level - Foundation)
- Understanding of the English language.
- Interest in Business, Leadership and Management
Like many management terms, the word “performance management” has been interpreted, and the concept implemented, in many different ways. But the major goal in any good performance management system is to ensure that employees’ activities – what they do and how well they do them – are in sync with the goals of the organization, while maintaining a motivated and happy workforce.
Hence we can say that Performance management is the continuous process of improving performance by setting individual and team goals which are aligned to the strategic goals of the organisation, planning how to achieve the goals, reviewing and assessing progress, and developing the required competencies of people.
So, there are 4 major steps in the performance management system. These are- plan, act, track, and evaluate
Performance Management is a very important function in Human Resource Management and if not done properly then can waste a lot of resources of the company.
Here you will learn about:
Meaning of performance management system.
Key characteristics of effective performance management.
Different strategies in performance management.
Here learn about the various strategies used nowadays.
Section 1: Introduction
Meaning and key steps
What should we assess
Performance Management System vs. Performance Appraisal
Section 2: Various Strategies
SMART goal setting
KRAs and KPIs
Critical Incidents Method
Behaviorally Anchored Rating Scale (BARS)
Assessment Development Centre (ADC)
Balanced Score Card (BSC)
Section 3: Common biases
Who this course is for:
- Those who have interest in HR domain
- Business Owners/Entrepreneurs/Top Management/Managers
- Management students
- 03:53Meaning and key steps
- 03:28What should we assess?
- 04:06Performance Management System vs. Performance Appraisal
- 04:25Key Characteristics
Akaaro Consulting and Training is an HR, Legal and Financial Consulting firm founded by an alumnus of the University of Essex, United Kingdom and certified OD Consultant. Has worked with brands like Google, Uber, HCL Technologies, HSBC, Shell, Thomas Cook, Ford.
Apart from end-to-HR services we are into Corporate Trainings too (IT and non-IT).
Some of the trainings we deal in:
Being Effective Leaders, Presentation Skills, Managing Teams, Effective Decision Making, Time Management, Thinking out of Box, Data Science, Web Development, Selling Skills, Finance for Non-Finance People, MS Excel, Train-the-Trainer, Business Acumen, Inventory Management, Digital Marketing, Medical coding, Human Resource Management, Labour Law
and many more