performance management system

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Elif Yılmaz Etki Management Consulting

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Page 1: Performance Management System

Elif Yılmaz Etki Management Consulting

Page 2: Performance Management System

What is Performance Management?

Page 3: Performance Management System

How should an effective performance management system?

Page 4: Performance Management System

An effective performance management system should

Align with your organization’s strategic direction and culture

Be practical and easy to understand and use

Monitor and measure results (what) and behaviors (how)

Establish clear communication between managers and employees about what they are expected to accomplish

Provide constructive and continuous feedback on performance

1

2

3

4

5

Page 5: Performance Management System

Plan

- Identify, clarify and agree upon expectations

- Identify how results will be measured

- Agree on monitoring process

- Document the plan

Monitor

- Monitor and evaluate progress

- Take corrective action or make changes, if required

Review and Evaluate

- Annual performance review and revaluation

- Sign off

- New cycle begins

Performance Management

Cycle

Page 6: Performance Management System

Performance Evaluation and Planning

• Role Responsibilities

• Individual Goals

• Behaviors

• Overall Evaluation

Evaluation of Performance for Past Year

• Goals for Coming Year

• Development Plan

Planning for the Coming Year

Page 7: Performance Management System

Performance Evaluation Process

1. Develop performance standards

2. Setting goals and objectives

3. Data collection

4. Performance evaluation interview

5. Future goals and objectives

6. Follow up

7. Rewarding performance

Page 8: Performance Management System

How to Set Goals for Employees?

• Specific

S

•Measurable

M • Achievable

A

• Realistic

R • Time

Based

T

Page 9: Performance Management System

How to Give Feedback to Employee?

Page 10: Performance Management System

Source:www.miles-group.com

Page 11: Performance Management System