Performance management is among the most important HR processes:
It translates the strategy and the business objectives into clear requirements in respect to the targets and codes of conduct applicable to individual employees, and therefore introduces them as factors in executing the organization's strategy. Its aim is to develop the 'organizational & executional capabilities' within the company and therefore to safeguard its abilities to meet future requirements.
It also lays the foundation to establish a feedback culture within the company.
Performance management applies an annual process to measure individual achievements in terms of role, targets, skills, and conduct, and therefore permits conclusions on the potential of each individual employee.
It shows how every single employee contributes to the company's success, and therefore creates a basis for issues such as remuneration, development, talent management, and succession planning.
We support companies in the development of performance management processes and in the definition and assessment of individual achievements.
We forge integrative links between performance management and other processes such as compensation & benefits, e.g. the salary and bonus review, or HR development, e.g. career planning, training needs analysis or talent reviews.
We also support companies in modeling their performance management within new or current HR systems.
Our services
- We design and implement integrative performance management processes and appraisals to include target agreements and performance assessments, also career and development objectives
- We develop company-wide skills models including leadership competencies, technical competencies and core competencies, and integrate these factors in the performance reviews with your employees
- We define what the word talent means, how the process of talent review takes places, and the manner in which performance and potential are incorporated within the appraisal
- We support you in the identification of key positions, also in the design and execution of succession planning processes and reviews
- We develop and implement instruments designed for career and development planning
