Dear All,
We are a top Consumer Durables MNC. We want to benchmark our Performance Management system with other organizations across different industries.
Can you all suggest some companies in NCR which have good performance management systems? We are in the process of refining our PMS system; recently we moved from Yearly Evaluation to Quarterly Evaluation.
We would like to benchmark ourselves with different industries and learn from their experiences. Currently, we are using KPIs/Objectives-based evaluation system. The evaluation is done through an online system. Recently, we have designed a system for Quarterly Evaluation to make it a more objective evaluation.
Apart from this, we would be happy to share our other practices which are one of the best and innovative HR practices.
I would appreciate if you can share names of a few organizations with good PM practices or if you want to benchmark with your own organization, please let me know.
Please email me at mohit019@gmail.com.
Regards,
Mohit Juneja
From India, New Delhi
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We are a top Consumer Durables MNC. We want to benchmark our Performance Management system with other organizations across different industries.
Can you all suggest some companies in NCR which have good performance management systems? We are in the process of refining our PMS system; recently we moved from Yearly Evaluation to Quarterly Evaluation.
We would like to benchmark ourselves with different industries and learn from their experiences. Currently, we are using KPIs/Objectives-based evaluation system. The evaluation is done through an online system. Recently, we have designed a system for Quarterly Evaluation to make it a more objective evaluation.
Apart from this, we would be happy to share our other practices which are one of the best and innovative HR practices.
I would appreciate if you can share names of a few organizations with good PM practices or if you want to benchmark with your own organization, please let me know.
Please email me at mohit019@gmail.com.
Regards,
Mohit Juneja
From India, New Delhi
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Hey Ppl, So many reviews but no suggestions. What happen??? Is is a tough Question?? :-D Regards, Mohit Juneja
From India, New Delhi
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From India, New Delhi
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Hi Mojit,
There's nothing "tough" about your post. In fact, I did not see any relevant questions that are worth the attention of people who may want to do benchmarking with you because you have not shared details about the practices you wish them to compare and react to. I suggest you discuss and show what you have so people can assess them versus what they have.
Right now, many members of this forum might be thinking that you are just trying to solicit ideas on where to start from, isn't it?
Best wishes,
Ed Llarena, Jr.
Managing Partner
Emilla Consulting
From Philippines, Parañaque
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95There's nothing "tough" about your post. In fact, I did not see any relevant questions that are worth the attention of people who may want to do benchmarking with you because you have not shared details about the practices you wish them to compare and react to. I suggest you discuss and show what you have so people can assess them versus what they have.
Right now, many members of this forum might be thinking that you are just trying to solicit ideas on where to start from, isn't it?
Best wishes,
Ed Llarena, Jr.
Managing Partner
Emilla Consulting
From Philippines, Parañaque
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Dear Llarena,
Thank you for the reply, and I am sorry for writing back so late.
The basic idea for benchmarking is in terms of understanding linking performance with bonus.
We have completed the role profiling and KPI setting exercise in the organization. I am not sure how far this exercise would help. Though recently we have tried to link performance ratings with bonus, but I would say we are not fully successful in this cause there is a lot of dissatisfaction among employees regarding getting the right bonus. So, we are looking at methodologies to link performance ratings and bonus.
As far as other HR processes are concerned, we have a few good practices like JW-5, Branch Ownership, Family Ambassador, Line Guardianship, Mentoring, Pizza Lunch, KDI (Key DNA Index), Career Planning, Assessment Centres, etc., for Employee Engagement, Employee Motivation, and Open Communication.
I hope this would clarify your queries to some extent.
In case you require further information, please let me know.
Regards,
M🧠h🎉t
From India, New Delhi
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Thank you for the reply, and I am sorry for writing back so late.
The basic idea for benchmarking is in terms of understanding linking performance with bonus.
We have completed the role profiling and KPI setting exercise in the organization. I am not sure how far this exercise would help. Though recently we have tried to link performance ratings with bonus, but I would say we are not fully successful in this cause there is a lot of dissatisfaction among employees regarding getting the right bonus. So, we are looking at methodologies to link performance ratings and bonus.
As far as other HR processes are concerned, we have a few good practices like JW-5, Branch Ownership, Family Ambassador, Line Guardianship, Mentoring, Pizza Lunch, KDI (Key DNA Index), Career Planning, Assessment Centres, etc., for Employee Engagement, Employee Motivation, and Open Communication.
I hope this would clarify your queries to some extent.
In case you require further information, please let me know.
Regards,
M🧠h🎉t
From India, New Delhi
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Performance Management System.doc