PERFORMANCE PLANNING AND APPRAISAL
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9.00-10.30
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10.3011.00
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11.00-12.00
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12.00-1.00
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1.002.00
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2.00-3.30
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3.30-4.00
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4.00-5.00
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First
Day
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Goal setting & Smart definition
Performance planning
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Key Result Areas / component
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Key Performance Indicators,
Performance measures
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Performance standards /
Targets / Benchmarkings
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Group dynamics
(Performance Planning)
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Second
day
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Appraisal meeting
Type of KPIs
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Gap Analysis
TNA or something else
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Root cause analysis/ Variance analysis
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Performance improvements/outputs
Performance appraisal
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Group dynamics
Closing Remarks
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Gaps are identified by comparing the performance of the company against a bench marked company in the same industry. Positive performance indicate strengths whereas the opposite shows weaknesses. Thereafter, proper winning strategies could be formulated and best practices could be recognized and adopted. All the above could be drawn objectively from the financial statements rather than relying on subjective opinion surveys which are popularly but wrongly applied in TNA.
Saturday, May 7, 2011
PERFORMANCE PLANNING & APPRAISAL
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