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HIGHLIGHTS
BENEFITS OF DOCUMENT
DOCUMENT DESCRIPTION
HR Performance Management System (PMS)
Lecture Outline
1. Problems and Possible Solution in Performance Management
2. Performance Management in Practice
3. Model of Performance Management in Organization
4. Designing an Effective Performance Management System
5. Contamination and Deficiency of a Job Performance Measure
6. Categories of Perceived Fairness and Implications for PMS
7. Performance Measure Criteria
8. Approaches To Measuring Performance
9. Management by Objective (MBO) Performance
10. Evaluation of Approach to Performance Measurement
11. Ways to Manage Employees Performance
Performance management system is the systematic approach to measure the performance of employees. It is a process through which the organization aligns their mission, goals and objectives with available resources (e.g. Manpower, material etc), systems and set the priorities.
In today's global environment where the market is evolving at a very fast pace, it is important for an organization to understand the benefits of performance management. Therefore, managing employee's performance is the ultimate need of an organization. The employees are considered as an asset by the organization. The performance management system serves various benefits to the organization, which are as follows:
1. It supports to provide data to find the skills and knowledge gaps of employees in order to improvise them through training, coaching and mentoring systems.
2. It motivates employees to take new challenges and innovate through structure process.
3. It provides new opportunities to employees for their growth and development in their professional careers
4. It defuses the grievances and conflicts among team members through proper performance evaluation system.
5. It assesses the employee's performance fairly and accurately against the performance targets and standards.
6. Employees would enable to provide better results because of clarity on their performance targets.
7. Performance management system provides the platform to discuss, develop and design the individual and department goals thorough discussion among manager and their subordinates.
8. The under performer can be identified through performance reviews and can raise their skills levels objectively. It quantifies the learning needs through individual development plans or performance improvement plans as well.
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Source: Best Practices in Performance Management PowerPoint Slides: HR Performance Management System (PMS) PowerPoint (PPT) Presentation, UJ Consulting
ABOUT THE AUTHOR: UJ CONSULTING
UJ Consulting
Untung Juanto ST., MM. Founder of UJ Consulting. He is professionally experienced business and management consultant in several local and multinational companies.
[read more]
He has an experience in managing an effective and efficient company with various approach methods adapted to different industries because He had a career from the lower management level as Supervisor before finally being at the top management level. His Top Management experience started from the position of General Manager, VP Operation, HR Director and Business Development Director
He completed his undergraduate education majoring in Architecture at Diponegoro University, Semarang, Central Java, Indonesia. After that, He continued to Master of Management level majoring in Human Resource Management with cum laude predicate with a GPA of 3.94 at Mercubuana University, Jakarta, Indonesia.
His last work experience as Deputy President Director at Hutahaean Group in charge of 14 business units engaged in various industries including CPO Production, Oil Palm Plantation, Cassava Plantation, Tapioca flour production, 4 and 5 star hotels, waterparks, golf courses and housing with a total of employees more than 3,000 employees.
His biggest achievement was in 2021 when He served as Deputy President Director at Hutahaean Group Indonesia by increasing the company's revenue from IDR 700 billion to IDR 1.1 trillion (y/y) and increasing the profit margin by more than 20%. Doing a turn around on business units that have lost in the last 5 years become profits. In addition, He have also succeeded in creating an efficient and effective management system by redesigning the Business Process Management (BPM), reviewing Standard Operating Procedures (SOP) and Work Instructions and compiling the appropriate Key Performance Indicator Management (KPIM) to increase employee productivity.
He is currently active as a part-time business and management consultant (online) at Enquire Corp. and Flevy Corp. In addition, He also teach part-time at several universities for courses in strategic management, human resource management, project management, entrepreneurship and business.
UJ Consulting has published 171 additional documents on Flevy.
DETAILS
File Type: PowerPoint (ppt)
File Size: 4.2 MB
Number of Slides: 28 (includes cover, transition, & marketing slides)
Related Topic(s): Performance Management
This business document is categorized under the function(s): Operations Organization, Change, & HR
It applies to All Industries
Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.
Initial upload date (first version): Apr 1, 2022
Most recent version published: Apr 4, 2022
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