Performance Management Systems

-Presented By Prachi Patil

 INTRODUCTION
• Performance Management Systems (PMS) are processes and tools
designed to help organizations monitor, measure, and improve the
performance of their employees and the overall business.
• The primary goal of performance management is to ensure that
individual and organizational objectives are aligned, and employees
are working effectively toward achieving those objectives.
KEY COMPONENTS OF PMS
• Goal Setting
• Continuous Monitoring
• Feedback and Communication
• Performance Appraisals
• Development and Training
• Recognition and Rewards
• Employee Engagement
 Contributions of Performance Management for Managers

1. Goal Setting and Communication-Managers are responsible for setting

clear, SMART goals for their team members.
2. Monitoring and Measurement-Managers continuously monitor and
measure the performance of their team members.
3. Employee Development-. Managers identify skill gaps and development
needs.
4. Rewards and Recognition-Managers recognize and reward high
performance.
 Contributions of Performance Management for HR
1. Policy Development-HR develops performance management
policies and procedures.
2. Training and Support-HR provides training and support to
managers and employees on performance management processes.
3. System Implementation-HR is responsible for implementing and
maintaining performance management systems
4. Data Analytics-HR analyses performance data to identify trends and
areas for improvement.
 Contributions of Performance Management for Employees

1. Goal Understanding and Alignment-Employees are

responsible for understanding and aligning their goals with
organizational objectives.
2. Self-Assessment-Employees assess their own performance
against set goals.
3. Engagement-Employees actively engage in their work and
the performance management process.
4. Feedback Reception-Employees receive and act on feedback
provided by managers
 PMS AT DIFFERENT ORGANISATION

1.AT PEPSICO-Employees upload their performance targets on MDN ,a

global portal which is available at PepsiCo employees across the world. Mid-
Term review and final appraisal facilities by MDN also guides employees in
racking their career plans and prepare Action plan .

2.AT TCS -Tata Consultancy Services (TCS) utilized an internal performance

management system known as "iCount" for its employees -
 Summary
.
 Performance Management Systems (PMS) play a crucial role in
organizations by providing a structured framework for managing and
improving employee performance.
 These systems involve the strategic alignment of individual goals with
organizational objectives, continuous monitoring of performance, and the
provision of constructive feedback for improvement.
THANK YOU