The document outlines a proposed project to design an integrated performance management system (IPMS) for an organization. It provides details on the existing performance management system and lists tasks required to explain its key components and processes. It also outlines the proposed IPMS, describing its three phases: 1) goal setting, 2) mid-year review, and 3) year-end evaluation. The proposed IPMS would integrate all aspects of performance management from goal setting through evaluation and include features like cascading goals and a performance-based incentive structure.
The document outlines a proposed project to design an integrated performance management system (IPMS) for an organization. It provides details on the existing performance management system and lists tasks required to explain its key components and processes. It also outlines the proposed IPMS, describing its three phases: 1) goal setting, 2) mid-year review, and 3) year-end evaluation. The proposed IPMS would integrate all aspects of performance management from goal setting through evaluation and include features like cascading goals and a performance-based incentive structure.
The document outlines a proposed project to design an integrated performance management system (IPMS) for an organization. It provides details on the existing performance management system and lists tasks required to explain its key components and processes. It also outlines the proposed IPMS, describing its three phases: 1) goal setting, 2) mid-year review, and 3) year-end evaluation. The proposed IPMS would integrate all aspects of performance management from goal setting through evaluation and include features like cascading goals and a performance-based incentive structure.
Project Scope - Integrated Performance Management System Deliverables Required Explain the Existing Performance Management Key Components
Current Performance Management Cycle
Key Components of Your Proposed IPMS
Phase 1- Goal Setting
Phase 2- Mid Year Review Process
Phase 3- Year End Evaluation
gn an ‘Integrated Performance Management System’ using all the above ment
mance Management System Tasks Required Give a thorough explanation of current system your selected organization using Enlist and Explain each component of existing system along with its features thoroughly explain the existing goal setting approach Types of Goals & their % contribution at each level ( Individual, Deptt and Org ) Current Goal Setting Form Mid Year Review Process ( Method Organization using to review goals ) Current Rating Scale Final Year Appraisal Process ( Evaluation techniques ) Enlist and Explain each component of your proposed IPMS along with its features Design a whole Cascade from top to bottom ( Goal setting process ) How goals will be linked on each level Goal setting Sheet ( Lead & LAG Measure, Due Date & Weightage with score) Dates & Duration of each level of Goal Setting Grade Wise Levels of Organization Grade Wise % of Ops Goals Contribution ( Indv, Dept & Org ) % of any scorecard if applicable ( BSC or PMSC ) Grade wise Performance Formula % of Behaviour Part List of Behaviours on which employees will be evaluated Date & Duration of Mid-Year review Performance Rating Scale along with the Definition of each scale Percentage achievement according to each rating Criteria for PIP & PDP in case of high performers and Non Performers Performance Evaluation Form Increment Calculation Criteria ( Increment pool & Org Performance ) Increment Distribution Among Departments Bell Curve Performance Quota Annual Appraisal – Evaluation Matrix Proposed Performance Based Increment Distribution Structure ( Sales & Non Sales ) Rewards Workflow Promotion Criteria Criteria for PIP & PDP in case of high performers and Non Performers Disagreement on Performance Process