Performance management system is a systematic process to achieve strategic objectives of the organization by setting and aligning goals, monitoring progress, providing feedback and coaching, evaluating and reviewing results and rewarding achievements.
Performance management system emphasizes on improving performance by clarifying expectations, communicating the goals, providing feedbacks and encouraging employee empowerment and motivation.
Performance Management translates and aligns organization strategy into set of Key Performance Indicators (KPIs) to be measured against defined target, that will be cascaded down through the organization to individual level to ensure alignment of individual and organizational goals.
Performance Management also evaluates the required skills, abilities and behaviours to achieve the goals by measuring the employee competencies against the competency profiles of the positions.
SRW&Co. provides customized, integrated and implementable Performance Management content and process that will help clients to establish an effective Performance Management System.
Guidelines, simulations and communication programs will be provided to support the implementation based on client’s needs.