Planning Managee

Performance &
Development

UNIT 2
 Objective

According to Drucker, Objective are

needed in every area where
performance and results directly and
vitally affect the survival and prosperity
of the business
 Reasons to set Objective

 To establish a shared framework for measuring

performance.
 To Achieve Clarity.
 Clear and Shared Objectives
 Better understanding of individual roles.
 Effective vertical and Horizontal integration of goals and task in org.
 Concrete and valid communication.
 Optimal use of individual potential.
 Higher level of work motivation.
 Well-founded bases for planning and control.
 Reduce inter-role conflict.
 Benchmarking
“Benchmarking is the “
practice of being The continuous process
humble enough to of measuring products,
admit that someone else services, and practices
is better at something against the company’s
and wise enough to try toughest competitors or
and learn how to match those renowned as
and even surpass them industry leaders
at it.”
 Why Benchmark
 Identify opportunities to improve performance
 Learn from others’ experiences
 Set realistic but ambitious targets
 Uncover strengths in one’s own organization
 Better prioritize and allocate resources
When do Managers Benchmark?
 When they praise a Managee's excellent work
publicly.
 They work hardest and smartest.
 They share organizational success experience and
what went into them.
 Work – Standards and Goal –
Setting Approach
 To achieve standards that are effective, realistic, visible and fair.
 It helps manager to do appraisal effectively through following
ways:
(a) Making Performance Interviews data based than
threatening.
(b) Easier to use for development purpose.