SEIFSA May June New Updated

Page 16

Contents Page

16

Plan

+

=

Performance Management

Success

There is an overworked business adage that states that ‘failing to plan is like planning to fail’, or some variation thereof. It bears repeating; simple though it may be, it remains eminently true.

The weakness (and strength) of these

and threats. It factors in the hurdles

Goal attainment requires concerted

types of truisms is that they represent

posed by poor performance and other

effort; a well-executed Performance

a conclusion to a problem, rather

constraints,

Management

like having the answer to a complex

in plans to overcome these hurdles.

offers THE comprehensive tool for

equation

preceding

Planning must consider the fertility of

success.

workings, or even an understanding

the ground – is organisational culture

of how and why it works – we’re often

conducive to, and reflective of, high

[Insert full name] (HRSS) is a SEIFSA

comforted by a little gem, but unlike

performance?

Alliance Partner. We are passionate

and

not

the

and

promptly

factors

diamonds, a business truth cannot comfort merely by looking at it; we have

Process

and

System

about and champion Performance Management. We design, facilitate,

An effective Performance Management System entails:

1- or 2-day intervention aimed at

Planning is a great tool in business,

1. Planning:

capacitating and leveraging teams

when done well it is an objective

Robust

statement of intent. It says, ‘we have 10

Functional

machines, and this is how widgets we

alignment > Cascading from broad

shall make from it’. It says, ‘this is how

to specific > individual efforts in

For more information contact Derrick

many salespeople we have; they must

service of planned outcomes.

Thalaivirsan, hrss@dravida.co.za or

to understand it; we must know why it works and how it works.

each sell 1000 widgets per month’.

Strategic to

Objectives

Individual

>

goals

Planning employs all resources, most

SMART > Team Output Agreements >

importantly

Individual Performance Agreements

resources,

in

service of profitability and growth imperatives.

A

holistic

of goal attainment.

approach

recognises the market size, competitive advantage, opportunities, weaknesses,

> PM Regimen. 3. Culture antecedents: Poll > Agree > Implement > Poll.

HRSS offers a

and individuals in service of strategy attainment.

2. I m p l e m e n t i n g / M o n i t o r i n g / Correction:

human

implement, and support the process

Also visit


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