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Performance planning
- 2. Meaning of performance planning Performance planning is the process of communication between a manager and an employee that results in mutual understanding of what the employee should be doing during the next period of time.
- 3. Performance Planning Defined 1. Performance Planning may be defined as a systematic outlining of the activities that the manager is expected to undertake during a specified period so that he is able to make his best contribution to developmental and organizational outcomes. (Rao 2004)
- 4. 2. Performance planning define expectations- the results to be achieved and the skills, knowledge, expertise, and capabilities required to attain these results. (Armstrong 2000)
- 5. 3.Performance planning is a process in which employee and manager work together to determine what the employee should be doing in the next year and what successful performance means. (Bacal 1998)
- 6. Objectives of Performance Planning At Organizational Level :- 1. To clearly define and communicate to employees the organization's mission, objectives, strategies, and performance goals. 2. To provide appropriate resourses, support, and training to employees in order to achieve goals and targets.
- 7. 3. To ensure that employees receive feedback on a continuous basis. 4. To align job description with organizational objectives and strategy 5. To boost motivation and self-concept of the employees.
- 8. At Manager Level:- 1. To provide opportunity to employees for joint goal setting for greater ownership and accountability. 2. To clearly articulate performance metrics used to measure employee to perform success in meeting agreed goals and targets 3. To provide training wherever required, to euip the employee to perform as planne3d 4. To provide an ongoing ‘On-the-Job’ feedback.
- 9. At Employee level:- 1.To determine performance goals and targets with the manager. 2. To view manager as a counselor or mentor rather than someone who passes judgment. 3. To become receptive to feedback. 4. To develop self-efficacy for providing information on self-performance
- 10. METHODOLOGIES OF PERFORMANCE PLANNING Key Performance Areas Key Result Areas Task and Target Identification and Goal Setting Exercises
- 11. PROCESS OF PERFORMANCE PLANNING Business Planning Key Success Factors Departmental objectives and strategies Individual’s objectives and action plan Individual performance expectations
- 12. COMPETENCY Defined Competency is underlying characteristics required to perform a given task, activity, or role. Competency has the following forms- Knowledge , skills and attitude. (Gomes 2007)
- 13. Competency Mapping Defined Competency Mapping is the Process of identifying key competencies for an organization and the jobs and functions within it (Nedunchezhin & prabhakar 2007)
- 14. Methods of Competency Mapping 1. Past performance-based approach 2. Job focused method. 3. Value-based method.
- 15. COMPETENCY MAPPING AND ITS LINKAGE TO PERFORMANCE PLANNING It provides structured and documented procedures which aids in recruitment of competent personnel with desired skill sets, attributes and training thereby reducing cost and time of subsequent performance failures It reduces cost of performance development programmers as the organization has ready inventory of requisite skill sets It helps in benchmarking higher levels of performance
- 16. It helps in creating individual learning plans It helps in assignment of right job to right person for better performance as the employee with required skill sets and training shall be handling it It provides management input for gap analysis for improving performance of the employee in the requisite business areas