BUY WITH CONFIDENCE
DESCRIPTION
The Performance Management systems at most places are considered biased by large segments of employees. In a recent survey, two-thirds of the respondents had made at least one critical change to their Performance Management systems in a year or so before the survey.
Human Resources departments at many organizations are now abolishing the unpopular "forced curve" employee ranking systems, changing relatively identical compensation regimes, and critically analyzing employee data to find out the real drivers of motivation and performance. However, not much progress has been made in this regard, as employees still complain that the performance evaluation input they get feels prejudiced and inconsistent with their work.
Many well-meaning Performance Management systems run the risk of failing, unless a sense of fairness underlines them.
This deck highlights the importance of "fairness factors" in Performance Management. It explains 3 priorities for addressing them; and demonstrates how the skillful utilization of coaching and rewards can bolster a sense of fairness among the employees.
The slide deck also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Performance Management PowerPoint Slides: Performance Management - Fairness Factors PowerPoint (PPT) Presentation, LearnPPT Consulting
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OVERVIEW
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies.
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Performance Management Strategic Planning Shareholder Value Objectives and Key Results Benchmarking KPI Balanced Scorecard Strategy Deployment & Execution Quality Management & Assurance Malcolm Baldrige Employee Management Corporate Culture Behavioral Strategy Maturity Model Risk Management
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