hellloo... Can anyone tell me what is PMS & GD? and what is SWOT ANALYSIS?:?:
From India, New Delhi
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From India, New Delhi
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Hi Sweetie,
It seems that you are a management student and have heard these terms for the first time. Anyways, I'll brief you on all:
PMS stands for Performance Management System, through which an employee's performance is calculated. It is done once a year (in some organizations twice).
GD stands for Group Discussion. It is a technique used during interviews to help in shortlisting applicants based on various parameters.
Now, the last one,
SWOT Analysis is a marketing strategy in which you analyze a product's success in four different parameters. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.
I hope I've made these terms a little more familiar to you now. For more details, you can easily refer to various management books or search on Google.
All the Best,
Surabhi
From Germany, Frankfurt Am Main
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9It seems that you are a management student and have heard these terms for the first time. Anyways, I'll brief you on all:
PMS stands for Performance Management System, through which an employee's performance is calculated. It is done once a year (in some organizations twice).
GD stands for Group Discussion. It is a technique used during interviews to help in shortlisting applicants based on various parameters.
Now, the last one,
SWOT Analysis is a marketing strategy in which you analyze a product's success in four different parameters. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.
I hope I've made these terms a little more familiar to you now. For more details, you can easily refer to various management books or search on Google.
All the Best,
Surabhi
From Germany, Frankfurt Am Main
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Hi,
PMS, which stands for Performance Management System, is a strategic and integrated process that delivers sustained success to organizations by improving the performance of the people who work in them and by developing the capabilities of individual contributors and teams.
GD (are you referring to Group Discussion) or...can you elucidate?
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. It is a way to understand for a company what its SWOT analysis is in the market. For example: How about you?
Strength: Very frank in asking questions.
Weakness: Not much understanding of the topics.
Opportunities: To be in touch with me on HR subjects.
Threats: No replies to your mail...
Well, I guess you might have understood the example.
Vaibhav
JSW Steel
9870505297
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PMS, which stands for Performance Management System, is a strategic and integrated process that delivers sustained success to organizations by improving the performance of the people who work in them and by developing the capabilities of individual contributors and teams.
GD (are you referring to Group Discussion) or...can you elucidate?
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. It is a way to understand for a company what its SWOT analysis is in the market. For example: How about you?
Strength: Very frank in asking questions.
Weakness: Not much understanding of the topics.
Opportunities: To be in touch with me on HR subjects.
Threats: No replies to your mail...
Well, I guess you might have understood the example.
Vaibhav
JSW Steel
9870505297
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Thank you, Surabhi.
I am not a management student, but I have a keen desire to learn and understand every aspect of Management. Thanks to Citehr, it helps me connect with wonderful people like you and solve my queries.
Thank you, Surabhi, for helping me to clarify these two terms. However, I still have some confusion in my mind regarding PMS, like how to calculate it. Can you please explain it with an example?
Regards,
Sweety
Hi Sweety,
It seems that you are a management student and have heard these terms for the first time. Anyways, I'll brief you with all:
PMS stands for Performance Management System through which an employee's performance is calculated. It is done once (in some organizations twice) a year.
GD is Group Discussion. It is one of the techniques used during interviews to help in shortlisting applicants on various parameters.
Now the last one,
SWOT Analysis is a marketing strategy in which you analyze a product's success in four different parameters. SWOT stands for Strength, Weakness, Opportunity, and Threats.
I hope I've made these terms a little more familiar to you now. For more details, you can refer to various management books or search through Google.
All the Best.
Surabhi
From India, New Delhi
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I am not a management student, but I have a keen desire to learn and understand every aspect of Management. Thanks to Citehr, it helps me connect with wonderful people like you and solve my queries.
Thank you, Surabhi, for helping me to clarify these two terms. However, I still have some confusion in my mind regarding PMS, like how to calculate it. Can you please explain it with an example?
Regards,
Sweety
Hi Sweety,
It seems that you are a management student and have heard these terms for the first time. Anyways, I'll brief you with all:
PMS stands for Performance Management System through which an employee's performance is calculated. It is done once (in some organizations twice) a year.
GD is Group Discussion. It is one of the techniques used during interviews to help in shortlisting applicants on various parameters.
Now the last one,
SWOT Analysis is a marketing strategy in which you analyze a product's success in four different parameters. SWOT stands for Strength, Weakness, Opportunity, and Threats.
I hope I've made these terms a little more familiar to you now. For more details, you can refer to various management books or search through Google.
All the Best.
Surabhi
From India, New Delhi
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Thanks Vaibhav:icon1: The terms are almost clear to me now.But still confusion lies in PMS.Can you explain me it in details with any example. Regards Sweety
From India, New Delhi
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From India, New Delhi
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Definition:
Performance management is the process of creating a work environment or setting in which people are enabled to perform to the best of their abilities. Performance management is a whole work system that begins when a job is defined as needed. It ends when an employee leaves your organization.
Many writers and consultants are using the term “performance management” as a substitution for the traditional appraisal system. I encourage you to think of the term in this broader work system context. A performance management system includes the following actions.
http://humanresources.about.com/od/p...a/perfmgmt.htm
From India, Coimbatore
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Performance management is the process of creating a work environment or setting in which people are enabled to perform to the best of their abilities. Performance management is a whole work system that begins when a job is defined as needed. It ends when an employee leaves your organization.
Many writers and consultants are using the term “performance management” as a substitution for the traditional appraisal system. I encourage you to think of the term in this broader work system context. A performance management system includes the following actions.
- Develop clear job descriptions.
- Select appropriate people with an appropriate selection process.
- Negotiate requirements and accomplishment-based performance standards, outcomes, and measures.
- Provide effective orientation, education, and training.
- Provide on-going coaching and feedback.
- Conduct quarterly performance development discussions.
- Design effective compensation and recognition systems that reward people for their contributions.
- Provide promotional/career development opportunities for staff.
- Assist with exit interviews to understand WHY valued employees leave the organization.
http://humanresources.about.com/od/p...a/perfmgmt.htm
From India, Coimbatore
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Performance Management System.doc