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Performance Management System Case Study

: A well structured and implemented performance management system helped an EPC consulting firm increase not only productivity but also employee engagement. Read how. Download case study. <br><br>

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Performance Management System Case Study

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  1. DESIGNING AN EFFECTIVE PERFORMANCE MANAGEMENT SYSTEM FOR A EPC CONSULTING FIRM

  2. PROBLEM STATEMENT An India-based EPC consulting company in its 10th year, was looking to expand its business. The new phase of growth required it to streamline their performance management system and have all individual efforts aligned to common business goals. It was looking for a more structured mechanism where they are able to assess employees objectively and design right career paths for them. 2

  3. EXPECTATIONS Assess Assess the state of current appraisal system state of current appraisal system and design performance management system performance management system which helps: design a more holistic more holistic Take Take better promotion better promotion & appraisal decisions & appraisal decisions Align individual efforts Align individual efforts to business outcomes to business outcomes Drive more employee Drive more employee engagement engagement 3

  4. OUR APPROACH: DESIGNING & IMPLEMENTING AN EFFECTIVE PMS DESIGN •Study of macro organisational factors •Study of functions and roles •Study of historic and current performance •Goal setting •Train the key stakeholders •Monitor, support, and evaluate effectiveness •Design the appropriate PM tool •Identify key stakeholders •Build communication and training material DIAGNOSIS IMPLEMENTATION 4

  5. OUTCOME After one year of the appraisal cycle, the company After one year of the appraisal cycle, the company witnessed: witnessed: - More role clarity - Sharp focus on performance - Ability to nudge focus on collective contribution - Increased employee engagement & productivity - A more robust leadership pipeline 5

  6. ARE YOU LOOKING TO REVAMP YOUR ARE YOU LOOKING TO REVAMP YOUR CURRENT PERFORMANCE MANAGEMENT SYSTEM? CURRENT PERFORMANCE MANAGEMENT SYSTEM? LET US HELP YOU CONTACT CONTACT US You can find us at info@headsupcorporation.com & +91-8882599782 Website: https://www.headsupcorporation.com US 6

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