SlideShare a Scribd company logo
1 of 12
Crystal Bianco
Our Goal
To develop and implement an effective Performance
Management System at First Command Financial
Planning as well as develop a Communication Plan
that serves the needs of the Performance Management
System
What is Performance Management?
Systematic process employed by a company to involve
employees in improving organizational effectiveness
in accomplishing the agency’s mission and goals
(Office of Personnel Management, n.d.).
Includes:
Planned Work Expectations
Continual Performance Monitoring
Developing Performance Capacity
Rating Performance Periodically
Rewarding Good Performance
Correction Plan for Poor Performance
How Does Performance
Management Fit with Our Strategy
Organizational goals created in strategic planning
Process (Planning Resource Center, n.d.).
Performance Planning Stage of Performance
Management: Individual goal setting
Organization goals cascade down
 Organization as a whole
Sub –Units
Individual Employees
What’s in it For Me?
Improved business profits
 Increased productivity and work quality
Increased employee responsibility
 Held accountable for actions
Equitable and fair treatment of employees
 Standardized procedures = consistency
Enhanced quality of work life
 Conflict Job Satisfaction
(Great Biz Tools, n.d.)
Our Performance Management
TimelineEmployee Management
PLANNING
PHASE
QUARTERLY
REVIEWS
Review PM
Materials, List
Goals (August 15)
October 15h- Rev 1
Self Evaluation, Meet
with Manager
Meet with
Supervisor ,
Develop Plan
(August 25)
January 15th- Rev 2
Self Evaluation, Meet
with Manager
Begin Executing
Plan ( September
5th)
April 15th- Rev 3
Self Evaluation, Meet
with Manager
Meet to Review
Effectiveness after
First review
(October 25)
July 15th- Rev 4
Self Evaluation, Meet
with Manager
PLANNING PHASE QUARTERLY
REVIEWS
Review PM Materials,
List Goals (August 15)
October 15th- Rev1
Employee Evaluation,
Meet with Employee
Meet with
Employee , Develop
Plan (August 25)
January 15th-Rev 2
Employee Evaluation,
Meet with Employee
Begin Executing Plan
( September 5th)
April 15th- Rev 3
Employee Evaluation,
Meet with Employee
Meet to Review
Effectiveness after
First review (October
25)
July 15th- Rev 4
Employee Evaluation,
Meet with Employee
Communication Channels
Internal:
Quarterly Meetings
Newsletters
Regular E-Mails
Trainings on communication for employees and
management
(Francis, n.d.)
Responsibilities
Senior Management
• Engage others in process
• Enthusiasm and Support
• Be prepared for questions
• Guide strategic decision making
Management
• Conduct regular meetings
• Support employee development and improvement
• Monitor progress and goal completion
• Provide needed feedback
Employee
• Work towards individual goals
• Take responsibility
• Be receptive
• Complete Assigned Tasks
• Ask for Support if needed
Human Resources
• Design Best Practices
• Provide Training
(Halogen, n.d.)
Activities
Team Building Exercises(Both Employee and
management)
Regular Office-Wide Meetings to Discuss System
Effectiveness
Partnerships
What is each ‘Partner’ achieving?
Is this system working for both Partners?
Use outcome to plan more effectively and tweak
system
(Improvement Service, 2011)
Plan Implementation
https://www.google.com/search?hl=en&site=imghp&tbm=isch&source=hp&biw=1366&bih=667&q=performance+management+partnershi
p&oq=performance+management+partnership&gs_l=img.3...556.6982.0.7262.34.16.0.15.15.1.293.1998.4j8j1.13.0....0...1ac.1.51.img..10.24.1938.U
RPLGlMVV20#hl=en&q=performance+management+plan+implementation&tbm=isch&facrc=_&imgdii=_&imgrc=Y_ktydk0qu086M%253A
%3ByeKRXWUYxW_5yM%3Bhttp%253A%252F%252Fwww.tbs-sct.gc.ca%252Ftou%252Fpmc-dgr%252Fimages%252F10-steps-etapes-01-
eng.jpg%3Bhttp%253A%252F%252Fwww.tbs-sct.gc.ca%252Ftou%252Fpmc-dgr%252F10-steps-etapes-eng.asp%3B595%3B473
References
Francis, K. (n.d.). Importance of business communication channels. Retrieved from
http://smallbusiness.chron.com/importance-business-communication-channels-117.html
Great Biz Tools (n.d.) Invest in a structured performance management system. Retrieved from
https://www.greatbiztools.com/index.cfm/performance-management-benefits
Halogen Software (n.d.). Roles and responsibilities in a best practice performance management system. Retrieved
from http://www.halogensoftware.com/learn/how-to/roles-and-responsibilities-in-a-best-practice-
performance-management-process
Improvement Service. (2011). Developing performance management in partnerships. Retrieved from
file:///C:/Users/Cristal/Downloads/Developing%20performance%20management%20in%20partnerships%20(1
).pdf
Performance Management.(n.d.). Overview and history. Retrieved from http://www.opm.gov/policy-data-
oversight/performance-management/overview-history/
Planning Resource Center (n.d.). Is there a relationship between strategic planning and performance management?
Retrieved from http://work911.com/planningmaster/faq/planningperfmgt.htm

More Related Content

What's hot

Performance Improvement Plans
Performance Improvement PlansPerformance Improvement Plans
Performance Improvement Plans
SAZiegler
 
Performance management system
Performance management system Performance management system
Performance management system
Rabindranath Sahu
 
08 performanceappraisals (1)
08 performanceappraisals (1)08 performanceappraisals (1)
08 performanceappraisals (1)
Nitesh Nair
 
Performance Improvement Approach Orientation
Performance  Improvement Approach OrientationPerformance  Improvement Approach Orientation
Performance Improvement Approach Orientation
Isaac Munene Ntwiga,MPH
 
Performance mngmnt
Performance mngmntPerformance mngmnt
Performance mngmnt
Neenu Babu
 

What's hot (20)

Performance management skills
Performance management skillsPerformance management skills
Performance management skills
 
Performance Improvement Plans
Performance Improvement PlansPerformance Improvement Plans
Performance Improvement Plans
 
Performance management system
Performance management system Performance management system
Performance management system
 
Project Management
Project ManagementProject Management
Project Management
 
Hrm presentation
Hrm presentationHrm presentation
Hrm presentation
 
Innovation presentation
Innovation presentationInnovation presentation
Innovation presentation
 
Performance management
Performance managementPerformance management
Performance management
 
08 performanceappraisals (1)
08 performanceappraisals (1)08 performanceappraisals (1)
08 performanceappraisals (1)
 
Performance Management
Performance ManagementPerformance Management
Performance Management
 
Performance Planning and Management Process for Managers
Performance Planning and Management Process for ManagersPerformance Planning and Management Process for Managers
Performance Planning and Management Process for Managers
 
Performance Improvement Approach Orientation
Performance  Improvement Approach OrientationPerformance  Improvement Approach Orientation
Performance Improvement Approach Orientation
 
2.1 MFI Performance Management Process Part1
2.1 MFI Performance Management Process Part12.1 MFI Performance Management Process Part1
2.1 MFI Performance Management Process Part1
 
Performance management
Performance managementPerformance management
Performance management
 
Kpi chart
Kpi chartKpi chart
Kpi chart
 
Performance planning
Performance planningPerformance planning
Performance planning
 
Performance mngmnt
Performance mngmntPerformance mngmnt
Performance mngmnt
 
Performance management system
Performance management systemPerformance management system
Performance management system
 
Project management chapter 1
Project management chapter 1 Project management chapter 1
Project management chapter 1
 
Iese essay 2
Iese   essay 2Iese   essay 2
Iese essay 2
 
Performance appraisal ppt
Performance appraisal pptPerformance appraisal ppt
Performance appraisal ppt
 

Viewers also liked

Viewers also liked (7)

What Makes a Good Performance Management Plan? A new tool for managers
 What Makes a Good Performance Management Plan? A new tool for managers What Makes a Good Performance Management Plan? A new tool for managers
What Makes a Good Performance Management Plan? A new tool for managers
 
Business Process Optimization - Jan 2010
Business Process Optimization - Jan 2010Business Process Optimization - Jan 2010
Business Process Optimization - Jan 2010
 
Performance Management
Performance ManagementPerformance Management
Performance Management
 
Strategic Planning, Implementation, Monitoring and Evaluation (SPIME) for Edu...
Strategic Planning, Implementation, Monitoring and Evaluation (SPIME) for Edu...Strategic Planning, Implementation, Monitoring and Evaluation (SPIME) for Edu...
Strategic Planning, Implementation, Monitoring and Evaluation (SPIME) for Edu...
 
Performance Management presentation
Performance Management presentationPerformance Management presentation
Performance Management presentation
 
Pmp project management professional free sample
Pmp project management professional free samplePmp project management professional free sample
Pmp project management professional free sample
 
Logistics Management
Logistics ManagementLogistics Management
Logistics Management
 

Similar to Performance management at first command financial planning 2

Consulting challenge 2
Consulting challenge 2Consulting challenge 2
Consulting challenge 2
ccccc5
 
Indukaka ipcowala instiutute of management
Indukaka ipcowala instiutute of managementIndukaka ipcowala instiutute of management
Indukaka ipcowala instiutute of management
IIIM
 
Resume_Himanshu_Pant
Resume_Himanshu_PantResume_Himanshu_Pant
Resume_Himanshu_Pant
Himanshu Pant
 
Performance appraisal final copy
Performance appraisal final copyPerformance appraisal final copy
Performance appraisal final copy
Bismah Adam
 
Performance appraisal final copy
Performance appraisal final copyPerformance appraisal final copy
Performance appraisal final copy
Bismah Adam
 

Similar to Performance management at first command financial planning 2 (20)

Resume-1
Resume-1Resume-1
Resume-1
 
Staff appraisal
Staff appraisalStaff appraisal
Staff appraisal
 
Performance Improvement Culture
Performance Improvement CulturePerformance Improvement Culture
Performance Improvement Culture
 
Performance Management System & Performance Appraisal
Performance Management System & Performance AppraisalPerformance Management System & Performance Appraisal
Performance Management System & Performance Appraisal
 
Vyaktitva Organization Profile
Vyaktitva   Organization ProfileVyaktitva   Organization Profile
Vyaktitva Organization Profile
 
Performance Management
Performance Management Performance Management
Performance Management
 
Managing Staff Performance Appraisals
Managing Staff Performance AppraisalsManaging Staff Performance Appraisals
Managing Staff Performance Appraisals
 
Consulting challenge 2
Consulting challenge 2Consulting challenge 2
Consulting challenge 2
 
Talent Management Employee Presentation
Talent Management Employee PresentationTalent Management Employee Presentation
Talent Management Employee Presentation
 
Indukaka ipcowala instiutute of management
Indukaka ipcowala instiutute of managementIndukaka ipcowala instiutute of management
Indukaka ipcowala instiutute of management
 
Chapter 6(1)
Chapter 6(1)Chapter 6(1)
Chapter 6(1)
 
Performance Management
Performance ManagementPerformance Management
Performance Management
 
Kepner tregoe Presentation
Kepner tregoe Presentation Kepner tregoe Presentation
Kepner tregoe Presentation
 
Definition of performance management
Definition of performance managementDefinition of performance management
Definition of performance management
 
Performance mnagement introduction
Performance mnagement introductionPerformance mnagement introduction
Performance mnagement introduction
 
Performance Management system.pptx
Performance Management system.pptxPerformance Management system.pptx
Performance Management system.pptx
 
The Performance Management Cycle
The Performance Management CycleThe Performance Management Cycle
The Performance Management Cycle
 
Resume_Himanshu_Pant
Resume_Himanshu_PantResume_Himanshu_Pant
Resume_Himanshu_Pant
 
Performance appraisal final copy
Performance appraisal final copyPerformance appraisal final copy
Performance appraisal final copy
 
Performance appraisal final copy
Performance appraisal final copyPerformance appraisal final copy
Performance appraisal final copy
 

Recently uploaded

Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
Nauman Safdar
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
ZurliaSoop
 

Recently uploaded (20)

New 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateNew 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck Template
 
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
 
GUWAHATI 💋 Call Girl 9827461493 Call Girls in Escort service book now
GUWAHATI 💋 Call Girl 9827461493 Call Girls in  Escort service book nowGUWAHATI 💋 Call Girl 9827461493 Call Girls in  Escort service book now
GUWAHATI 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptx
 
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTSJAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service AvailableNashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
 
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 

Performance management at first command financial planning 2

  • 2. Our Goal To develop and implement an effective Performance Management System at First Command Financial Planning as well as develop a Communication Plan that serves the needs of the Performance Management System
  • 3. What is Performance Management? Systematic process employed by a company to involve employees in improving organizational effectiveness in accomplishing the agency’s mission and goals (Office of Personnel Management, n.d.). Includes: Planned Work Expectations Continual Performance Monitoring Developing Performance Capacity Rating Performance Periodically Rewarding Good Performance Correction Plan for Poor Performance
  • 4. How Does Performance Management Fit with Our Strategy Organizational goals created in strategic planning Process (Planning Resource Center, n.d.). Performance Planning Stage of Performance Management: Individual goal setting Organization goals cascade down  Organization as a whole Sub –Units Individual Employees
  • 5. What’s in it For Me? Improved business profits  Increased productivity and work quality Increased employee responsibility  Held accountable for actions Equitable and fair treatment of employees  Standardized procedures = consistency Enhanced quality of work life  Conflict Job Satisfaction (Great Biz Tools, n.d.)
  • 6. Our Performance Management TimelineEmployee Management PLANNING PHASE QUARTERLY REVIEWS Review PM Materials, List Goals (August 15) October 15h- Rev 1 Self Evaluation, Meet with Manager Meet with Supervisor , Develop Plan (August 25) January 15th- Rev 2 Self Evaluation, Meet with Manager Begin Executing Plan ( September 5th) April 15th- Rev 3 Self Evaluation, Meet with Manager Meet to Review Effectiveness after First review (October 25) July 15th- Rev 4 Self Evaluation, Meet with Manager PLANNING PHASE QUARTERLY REVIEWS Review PM Materials, List Goals (August 15) October 15th- Rev1 Employee Evaluation, Meet with Employee Meet with Employee , Develop Plan (August 25) January 15th-Rev 2 Employee Evaluation, Meet with Employee Begin Executing Plan ( September 5th) April 15th- Rev 3 Employee Evaluation, Meet with Employee Meet to Review Effectiveness after First review (October 25) July 15th- Rev 4 Employee Evaluation, Meet with Employee
  • 7. Communication Channels Internal: Quarterly Meetings Newsletters Regular E-Mails Trainings on communication for employees and management (Francis, n.d.)
  • 8. Responsibilities Senior Management • Engage others in process • Enthusiasm and Support • Be prepared for questions • Guide strategic decision making Management • Conduct regular meetings • Support employee development and improvement • Monitor progress and goal completion • Provide needed feedback Employee • Work towards individual goals • Take responsibility • Be receptive • Complete Assigned Tasks • Ask for Support if needed Human Resources • Design Best Practices • Provide Training (Halogen, n.d.)
  • 9. Activities Team Building Exercises(Both Employee and management) Regular Office-Wide Meetings to Discuss System Effectiveness
  • 10. Partnerships What is each ‘Partner’ achieving? Is this system working for both Partners? Use outcome to plan more effectively and tweak system (Improvement Service, 2011)
  • 12. References Francis, K. (n.d.). Importance of business communication channels. Retrieved from http://smallbusiness.chron.com/importance-business-communication-channels-117.html Great Biz Tools (n.d.) Invest in a structured performance management system. Retrieved from https://www.greatbiztools.com/index.cfm/performance-management-benefits Halogen Software (n.d.). Roles and responsibilities in a best practice performance management system. Retrieved from http://www.halogensoftware.com/learn/how-to/roles-and-responsibilities-in-a-best-practice- performance-management-process Improvement Service. (2011). Developing performance management in partnerships. Retrieved from file:///C:/Users/Cristal/Downloads/Developing%20performance%20management%20in%20partnerships%20(1 ).pdf Performance Management.(n.d.). Overview and history. Retrieved from http://www.opm.gov/policy-data- oversight/performance-management/overview-history/ Planning Resource Center (n.d.). Is there a relationship between strategic planning and performance management? Retrieved from http://work911.com/planningmaster/faq/planningperfmgt.htm