PMS 002 – Initiating Powerful Performance Appraisal! KPI, Balanced Scorecard and Competencies

Category:

In-House Programs / Performance Management /

PMS 002 - Initiating Powerful Performance Appraisal! KPI, Balanced Scorecard and Competencies

Price

Duration: 2 Days

Lectures: InHouse

Certificate of Completion

INTRODUCTION

Performance Management (PM) is the process designed to align employee’s actions and behaviour with the company goal. Implementing Performance Management System (PMS) involved common understanding by all levels of employees on the critical aspects of PMS such as:

Balanced Scorecard
Goals
Key Performance Indicator (KPI)
Target
Competencies
Weightage

PM is a shared responsibility between the organization, appraise, appraiser and reviewer. Appraise is the one who is been assessed. Appraiser is the direct superior of the appraiser and is accountable for his/her performance evaluation. While the reviewer is the direct superior of the appraiser and is responsible for the overall performance of the division/department.

PM Cycle involved Performance Planning, Performance Review/Assessment, Performance Monitoring and Performance Rewarding.

Objective

Key Performance Indicator (KPI’s)
Competencies
Understanding your role in PMS process
Understand benefits of PMS

Know how your performance contributes to the success of the organization
Be familiar with the different components of the PMS
Practice on how to use Performance appraisal Form (Sample Form)

Who should attend?

Head
Balance scorecard team members
Senior management, managers, executives and those who are involved in evaluating their organizational performance by using BSC approach
Managers
Executives
Supervisors