By 121 News
Chandigarh 26th January:- RC Pahooja, Additional Resident Director, PHD Chamber of Commerce & Industry while speaking during one-day workshop on Maximizing Employee Productivity through Effective Performance Management said that the fundamental goal of performance management is to promote and improve employee effectiveness, when effectively implemented, Performance Management System can mobilize the human energy in an organization and achieve breakthrough performance. The event was organized by PHD Chamber of Commerce & Industry in association with Konrad-Adenauer-Foundation, Germany on 24 January 2017 at PHD House, Chandigarh.
Eminent speaker, Dr. Sunil Abrol, President, Institute for Consultancy and Productivity Research & Director, World Academy of Productivity Sciences (WAPS), New Delhi mentioned Performance Management is matching employee development with company objective so that employee can perform as per expectations. It is process of optimization that ends up when an employee fulfills predefined goals. He explained the basic steps in the Performance Analysis Process and concluded by saying that performance objectives and indicators need to be SMART-specific, measurable, attainable, realistic and time-bound.
Speaking on the occasion, Saurabh Kumar Srivastava, General Manager, People Development Group at IDS Infotech Ltd., Chandigarh stated that to act upon the outcomes of the performance management, right process is necessary to ensure that good performance is recognized. He apprised participants on performance rating scales; conducting meaningful performance appraisal discussions and effective goal setting with employees.
Presentations on topics comprising of Performance Management Objectives, Drafting and Implementing Performance Management System; Setting Performance Criteria/ Targets; Performance Monitoring and Review; Performance Feedback and Follow up Action including Reward / Recognition process were discussed in detail during the day long workshop.
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