Performance management refers to the continuous cycle process of performance plan making, performance coaching and communication, performance appraisal and evaluation, application of performance results, and improvement of performance objectives in which managers and employees at all levels participate in, which aims to achieve organizational goals, continuously improve the performance management of individuals, departments and organizations.
Major challenges faced by enterprises
l The simple assessment method does not match the business characteristics of the enterprise, and fails to fully motivate employees
l The assessment standard lacks flexibility and cannot be adjusted in time with the change of enterprise objectives, environment and other factors
l The inappropriate assessment procedure lacks the effective training, thus bringing the complex process, serious repetition, poor confidentiality and effect
l The assessment results are not effectively related to promotion and salary, so it is difficult to evaluate and utilize them
What the King Parallel can provide
In view of the problems existing in the enterprise performance management, the King Parallel takes the overall development strategy as the main line, customizes the performance management plan, constructs the performance management system, sets the performance evaluation method, establishes the performance feedback and result application mechanism based on the development goal, business goal, department goal, personal goal and other dimensions,in order to continuously improve the achievements of individuals, departments and organizations.
What customers can achieve
l Through constructing the system performance management system, combining with the personal development and the company's goals, it can help increase the company's executive power, improve the performance, and finally achieve the development goals.
l Objective and effective performance measurement standards not only enable managers at all levels to clarify the responsibilities of their subordinates, but make each employee clearly understand their efforts, so as to guide the company's employees to reach a consensus on the goals, and further achieve the results.
l Scientific performance management system provides the standardized, concise and efficient communication platform for the company.l Through the implementation of performance management and performance assessment, it provides the necessary basis for the management decision-making of employees, and also solves the employee training, salary and career planning problems.
Methods from the King Parallel
Find the key successful factors (KSF) for the strategic objectives, then determine the key performance indicators (KPI), and decompose the company’s KPI to the departmental KPI and the KPI in each position, so that the KPI can form the causal network, and jointly support the strategic objectives.
