Step 3: The Key Steps for a Dynamic PIP (PDF)

A well-defined and articulated operating model (PIP Performance Improvement Plan) is first of all dynamic, it's the bridge between strategy and day-to-day operations that guides the team and the processes, provides the context, and enables the behaviors that will realize the strategy and vision.
Dynamic PIP offer the management a way of helping the company which is struggling in its position.

The intent of issuing a dynamic PIP stems from issues that the company is facing. These problems can either be performance-related, behavior-related or a mixture of both. When creating a dynamic PIP, the following steps are inevitable :

1. Identify performance or behavioral issues that need improvement.
2. Explain the level of performance and behavior expected.
3. Suggest ad hoc solutions / improvement areas for the benefit of the company.
4. Schedule progress meetings with the steering committees.
5. Outline consequences for deviations (the fact of not meeting expectations / standards / desired outcomes).

Note: The original PowerPoint file is included as the secondary document. However, formatting issues (e.g. font size changes) may exist depending on your version of PowerPoint.