Hello all, I am doing my internship in a pharmaceutical company. I have been asked to design a PMS program for this company. In this company, PMS has not been robust, so they may consider my suggestion for implementation. Please give me some inputs.
From India, Mumbai
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From India, Mumbai
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Dear Friend. What ever format you design or borrow from professionals, I would suggest you to have assessment of performance quarterly to reach accuracy in ones performance. Thanks. Ratan Bhardwaj
From India, Faridabad
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1From India, Faridabad
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The Importance of an 'Incident Diary' in PMS
To have a meaningful Performance Management System (PMS), it is necessary to maintain an 'Incident Diary.' This is where records of important contributions and pitfalls, vis-a-vis the Key Result Areas (KRA) and Key Performance Indicators (KPI), are jotted down by both the assessee and the senior.
At the time of review, whether quarterly or otherwise, these records are useful for the organization to improve the performance of employees and, in turn, enhance the overall performance of the organization in a true sense.
From India, Mumbai
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To have a meaningful Performance Management System (PMS), it is necessary to maintain an 'Incident Diary.' This is where records of important contributions and pitfalls, vis-a-vis the Key Result Areas (KRA) and Key Performance Indicators (KPI), are jotted down by both the assessee and the senior.
At the time of review, whether quarterly or otherwise, these records are useful for the organization to improve the performance of employees and, in turn, enhance the overall performance of the organization in a true sense.
From India, Mumbai
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Your post or reply represents a common misconception about PMS among the HR fraternity. The Incident Diary (ID) is part of Performance Appraisal (PA), whereas PA itself is a Performance Management System (PMS). PMS is far more comprehensive.
Understanding the Performance Management System (PMS)
The meaningfulness of PMS lies not just in maintaining the ID but in its aim at measuring business performance. Incidents in the ID will get recorded with respect to behavioral attributes. But then, what if management does not measure something that deserves to be measured? PMS, in the true sense, demands measures that uncover hidden costs. Individual performance is a part of PMS. Recruitment policies, training policies, or manpower planning are derived from PMS.
Thanks,
Dinesh Divekar
From India, Bangalore
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Understanding the Performance Management System (PMS)
The meaningfulness of PMS lies not just in maintaining the ID but in its aim at measuring business performance. Incidents in the ID will get recorded with respect to behavioral attributes. But then, what if management does not measure something that deserves to be measured? PMS, in the true sense, demands measures that uncover hidden costs. Individual performance is a part of PMS. Recruitment policies, training policies, or manpower planning are derived from PMS.
Thanks,
Dinesh Divekar
From India, Bangalore
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Performance Management System.doc