| |
Is
your organization encountering these problems?
- Pay rate
is not based on performance
- Business
plan is just a paper and no one is executing it.
- Performance
review is unfair, very subjective and not agree between superior
and subordinate.
- Not drive
the organization by performance
- Corporate
Performance in poor
Because staff is the key success factor of company, all these issues
become appalling causes impacting the company’s firms. Hence, you
have to ensure that your employees who are human capital make lots
of advantages for your company treated reasonably and evenly. Don’t
you want your employees to contribute their job to be the best on
behalf of organization? Yes. KPIs (Key Performance Indicators) are
your answer to solve these setbacks.
What
is a “Strategy Focused and Key Performance Indicator Management”?
Background:
Strategy
Focused and Key Performance Indicators (KPIs) are methodologies and
integrated process delivering sustained success to organization by
focusing the strategy that top executives have agreed, developed and
deployed to individual and teams.
The Concept
of “Strategy Focused in KPI” is one of the most significant and positive
developments in the sphere of Human Resource Management. In the mid
1980s, growing out of the realization that a more continuous and integrated
approach needed to manage and reward performance. For crudely developed
and hastily implemented performance-related pay and appraisal systems
were all too often failing to deliver the results that, somewhat naively,
people were expecting from them.
Strategy
Focused and KPI Management rose like a phoenix from the old-established
but somewhat discredited systems of merit rating and management by
“Objectives and Strategy Focused”.
Principles of Strategy Focused and Performance Management:
- Assist
to elucidate corporate goals and objectives
- Manage
and focus on strategy that complies with time frame
- Deploy
corporate goals into individual, team department and division goals
- The Process
of incessant improvement, in which catalysed the rapidly performance
development
- Build
trust and two-way communication on consensus and co-operation rather
than control
- Create
a shared understanding of what is required to improve performance
and how to achieve
- Encourage
self-management of individual performance in strategy-focused program
- Build
teamwork with integrity along with two-way communication between
superiors and subordinates
|
|