editedbook
Publication: IIP Proceedings Year: 2022, Month: November Page No: 179-189, ISSN/ISBN: 978-93-95632-91-1, DOI/Link: https://www.rsquarel.org/assets/docupload/rsl2023BCB2B1E283C7F9C.pdf
PERFORMANCE MANAGEMENT IN ORGANIZATIONAL HR SYSTEM
Area/Stream: Management, Authors: Chandrashekar C, Kumar C, Dr. Prem Knowles Keywords: : Performance Management, Goal setting in PMS, Performance management Appraisal Process, Methods in PMS, Trends in performance management Book Name /series: Futuristic Trends in Management, Volume 2, Book 5, Part 2, Chapter 8Publication: IIP Proceedings Year: 2022, Month: November Page No: 179-189, ISSN/ISBN: 978-93-95632-91-1, DOI/Link: https://www.rsquarel.org/assets/docupload/rsl2023BCB2B1E283C7F9C.pdf
Abstract:
To plan the performance of the organization internally, goal setting plays an important role. Generally the goals of the organization will be set by the top management and flowed to the lower level (individual level). The performance management process at Jindal Steel & Power Limited (JSPL) is referred to as performance development and review (PDR) process. The primary objective is to set the right direction. Discussions relating to goal setting, thus, aim to: (a) introduce and explain the process, (b) clarify the parameters on which an employee will be evaluated, and (c) establish and agree upon performance expectations. The company Indian Oil generally follows a top-down approach. In KRAS are flowed down from the business scorecard with specific KPls(measured against time and given specific weightage). Tata Motors generally follows a similar practice with individual employee performance plans being flowed from the balance scorecard to the smallest work unit. The performance management system followed in the organization ‘Philips Electronics India’ is termed as PPM (people performance management). In Philips, Online method is used to appraise the managers and above level employees. To appraise the below level employees, forms will be used. The will be filled first by the employees (it is self-evaluation) and then it will be submitted to the superiors. The superiors give their recommendations and ratings for promotion. In Honey well, files will be distributed to the employees in the beginning of the year and the performance will be recorded. This performance management File system is known as ‘Growth file’. They keep track of their performance on a day to day basis and record their achievements in the file. The performance appraisal process at Schneider Electric India is conducted online. Performance objectives set up in People Soft is delivered using the HRIS system. Managers create the performance document in the system and complete the performance evaluation online
Cite this: Chandrashekar C, Kumar C, Dr. Prem Knowles ,"PERFORMANCE MANAGEMENT IN ORGANIZATIONAL HR SYSTEM", Futuristic Trends in Management, Volume 2, Book 5, Part 2, Chapter 8, November, 2022, 179-189, 978-93-95632-91-1, https://www.rsquarel.org/assets/docupload/rsl2023BCB2B1E283C7F9C.pdf
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