Hi Jessie
Its a very interesting thread that you have started.
To start with, I'd like to clarify one thing - once the Vision & the Mission for the organization is formulated, most other things will fall in place automatically. Once there is a clear direction, & the short term goals for the company is set, these can be trickled from the management downwards.
That is, once the organization goals are formulated, each BU/Dept/Division will derive their respective goals. These will be broken down into SMART goals (Specific, Measurable, Attainable, Realistic & Timebound) for the BU Manager. From the BU Manager, the goals will be passed on to the lower layers in the organization.
The HR Vision is derived from the Organizational Vision. HR Vision is also formulated when the Organization Vision is being decided. The downward flow of goals is true for HR organization also.
KRA's can be derived based on the job function & the organization diretive & goals.
KPIs are generally linked with financial performance of an organization more than the HR side.
I am looking forward to others views on this as well.
Regards
Shaila  |