How Do "SMART" Targets Really Work? Insights and Examples from a Recent Read

Hi all,

I just went through this file on the net about setting "SMART" targets. It clearly spelled out the significance of each letter with good examples. Surely worth sharing with you all.

Best Regards, Madhu Subramani

Dear Madhu,

Please let me know the different kinds of performance evaluation systems we have present in front of management. Please help me out with the same.

Regards,
Ravi

Dear Ravi,

PA is a complex subject and has to be designed according to the type of business or the type of people you are trying to access. For example, assessment in the manufacturing industry will be different from accessing retail business employees. Also, it depends much on the category of employees you are accessing. For instance, SALES, ENGINEERING, COMMERCIAL employees will have to be accessed according to the duties they are expected to perform. One of the methods of performance evaluation is by assessing achievements against set objectives (MBO); another is accessing behavioral expectations of a particular employee, his attitude, etc.

It is difficult to give you an entire procedure over this forum, but based on the tips I have given, you can develop suitable assessment forms on your own. It is very interesting and challenging. Hope I have helped a little.

WISH YOU LUCK on your venture.

THAKUR

Please find attached good material about the Performance Management system. I think this should give a fair idea about the process per se.

Thanks & Regards,
Madhu

Hi all,

Can anybody tell me whether there is any special appraisal system in the education sector for the staff? Please do help me.

With regards,
Vamsigyandev.s

Hi All,

Can anyone tell me the difference between appraisal and bonus?

Waiting for replies.

Regards,
Chakri

Dear Vamsigyandev,

Yes, the appraisal in educational institutes is unique by itself. Look up on Google search, and I have seen some samples from American universities, which will provide you some guidelines.

Regards,
Thakur