According to Armstrong and Baron (1998), Performance Management is both a strategic and an integrated approach to delivering successful results in organizations by improving the performance and developing the capabilities of teams and individuals.
Cornerstone International Group believes:
Our methodology – based on Balanced Scorecard – includes a judicious blend of workshops & structured group sessions for evolving a shared vision of the future and a common understanding of the strategy. We work with your IT systems to ensure metrics emerge as part of processes & evolve standards of performance. We understand that commitment & buy-in are crucial – and manage the implementation through structured workshops where we address the usual query – “what is in it for me?”
We bring in globally accepted best practices for the design and implementation of an appropriate system for your needs. We understand that performance management systems have both hard and soft edges & no one solution fits all. We have success stories from both large and small companies, family and professional businesses as well not- for- profit firms ALL Performance management consulting firms have their own ideas like regularly tracking progress against performance goals and objectives also provides the opportunity to recognize and reward employees for performance and exceptional effort, contributing to job satisfaction and productivity. Employees want to feel successful, to do well at their job and feel they are making a valuable contribution. In order to ensure this happens, employees need a clear understanding of individual goals and how they fit into the larger organization.
HR firms work with the clients to develop customizes solutions so as to enhance employee productivity and deliver business goals. They deliver end to end customized solutions, defining performance metrics, developing goal setting process, and review and feedback mechanisms.
- An effective performance management system will:
- Align with your organization’s strategic direction and culture.
- Provide an accurate picture of each employee’s performance.
- Provide training and development opportunities for improving performance.
- Support staff in achieving their work and career goals by identifying training needs and development opportunities.