This PPT slide, part of the 34-slide People Productivity Toolkit PowerPoint presentation, outlines a strategic approach to performance management that emphasizes the importance of identifying actual value drivers, particularly focusing on human capital. It begins by stating that XXX employs a value-based methodology aimed at optimizing total shareholder return. This suggests a commitment to aligning performance metrics with tangible outcomes that matter to stakeholders. The emphasis on identifying actual value drivers indicates a tailored approach, ensuring that the metrics used are relevant to the client's specific context.
The slide further elaborates on a dual-sided collective performance management approach. This approach integrates both a business perspective, which concentrates on capital metrics, and a human capital perspective, which considers metrics related to human resources. This dual focus is critical for creating effective value creation controls. It highlights the necessity of balancing financial performance with the management of human resources, recognizing that both elements are essential for sustainable success.
Lastly, the slide points out the significant challenge this integrated approach presents for HR functions. It underscores the need for HR to adopt comprehensive tools and methodologies that can effectively manage and integrate qualitative, quantitative, and process-related metrics. This indicates a shift in HR's role from traditional administrative functions to a more strategic partner in driving organizational performance. Overall, this slide serves as a call to action for organizations to rethink their performance management strategies, ensuring they encompass both financial and human capital dimensions for holistic value creation.
This slide is part of the People Productivity Toolkit PowerPoint presentation.
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Human Resources Workplace Productivity Performance Management Value Creation
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