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NASSCOM HR Forum


Performance Management :
Linkage to Organizational Excellence / Bottom line


Sanmitra Trivedi
Head-HR
Verizon Data Services India Pvt. Ltd.



March 5, 2010 | Chennai




                          NASSCOM HR FORUM | March 5 ‘10,‘10, Chennai
                            NASSCOM HR FORUM | March 5 Chennai          1
It’s a complex world out there



                                                                     Flexi staff

               Globalization




                                                       Not- So -Hot
                                                                                      Re-training
                Fast-paced
                                                          Jobs
                 Change



     Cost                      Knowledge
 Containment                    Capital
                                                                         Global work force




                               NASSCOM HR FORUM | March 5 ‘10, Chennai                              2
Elements of the Performance Management
Model

•Assessment and Review
   • Assess employee progress toward expectations throughout the
     performance period
   • Maintain ongoing assessment discussions with employee
   • Provide input for career management
     discussions


•Rewards and Recognition
   • Link employee performance to reward
     strategy
   • Discuss reward and recognition issues with
     employee based on assessment



                                                                   3
                      NASSCOM HR FORUM | March 5 ‘10, Chennai      3
Fundamentals: Riding the Cycle
                                              Setting Objectives
                                                                    •Planning
                                                                    •1 Q of YEAR
                                                                    •Update as Needed


     Preparing Training and
      Development Plans                                                                      Observing and
                                                                                        Documenting Performance
 •Development
 •Near Term                                                                         •Assessment
                                                  Employee
 •Longer Term                                                                       •Incident Files
                                                       &                            •Direct/Indirect
                                                                                    •Ongoing
                                                  Supervisor

 Conducting the Performance
          Appraisal

•Assessment                                                                        Coaching to Improve
                                                                                  Performance and Giving
•Mid-year (3 QTR)
                                                                                         Feedback
      •Progress Report
      •NO Overall Rating                                                            •Assessment
•End of Year                                                                        •Immediate
      •Overall Rating                                                               •Ongoing
      •Rating Linked to Incentive Awards


                                 NASSCOM HR FORUM | March 5 ‘10, Chennai                                      4
More Fundamentals: The Balancing Act
1.   Preparation is `Key’
2.   Putting the appraisee at ease opens up the
     conversation
3.   `Tune in’ by making sure the appraisee understands
     the compentencies, result/ behaviour expectations
4.   Evaluate the quantifiables
5.   Understanding the technical knowledge and skills
6.   Examining `factors’ outside of individual control
7.   Agree the development needed and write an action
     plan –
8.   Getting the feedback on your, `the appraiser’
     performance
9.   Managing poor performance
     – Supervisors have responsibility for
         • identifying performance deficiencies
         • providing ongoing performance coaching and feedback
           during the year

                          NASSCOM HR FORUM | March 5 ‘10, Chennai   5
Hitting the Targets


•Employees
   • Pride in working for a well-run company
   • Understand how performance affects pay
   • Higher job satisfaction
   • Feel valued for contribution



•Organization
   • Highly capable and engaged workforce
   • Ability to tie pay to performance
   • Improved workforce productivity
   • Improved performance for our clients


                      NASSCOM HR FORUM | March 5 ‘10, Chennai   6
How does it matter?



                                    Cost
                                 Efficiency




                Productivity




                                              Excellence




              NASSCOM HR FORUM | March 5 ‘10, Chennai      7
“A company that aspires to true greatness furnishes its
people with big challenges which, when met, fill
people with self-confidence that can only come from
within and only from winning.”
                                 -     Jack Welch




             NASSCOM HR FORUM | March 5 ‘10, Chennai      8

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NASSCOM HR Forum - Performance Management

  • 1. NASSCOM HR Forum Performance Management : Linkage to Organizational Excellence / Bottom line Sanmitra Trivedi Head-HR Verizon Data Services India Pvt. Ltd. March 5, 2010 | Chennai NASSCOM HR FORUM | March 5 ‘10,‘10, Chennai NASSCOM HR FORUM | March 5 Chennai 1
  • 2. It’s a complex world out there Flexi staff Globalization Not- So -Hot Re-training Fast-paced Jobs Change Cost Knowledge Containment Capital Global work force NASSCOM HR FORUM | March 5 ‘10, Chennai 2
  • 3. Elements of the Performance Management Model •Assessment and Review • Assess employee progress toward expectations throughout the performance period • Maintain ongoing assessment discussions with employee • Provide input for career management discussions •Rewards and Recognition • Link employee performance to reward strategy • Discuss reward and recognition issues with employee based on assessment 3 NASSCOM HR FORUM | March 5 ‘10, Chennai 3
  • 4. Fundamentals: Riding the Cycle Setting Objectives •Planning •1 Q of YEAR •Update as Needed Preparing Training and Development Plans Observing and Documenting Performance •Development •Near Term •Assessment Employee •Longer Term •Incident Files & •Direct/Indirect •Ongoing Supervisor Conducting the Performance Appraisal •Assessment Coaching to Improve Performance and Giving •Mid-year (3 QTR) Feedback •Progress Report •NO Overall Rating •Assessment •End of Year •Immediate •Overall Rating •Ongoing •Rating Linked to Incentive Awards NASSCOM HR FORUM | March 5 ‘10, Chennai 4
  • 5. More Fundamentals: The Balancing Act 1. Preparation is `Key’ 2. Putting the appraisee at ease opens up the conversation 3. `Tune in’ by making sure the appraisee understands the compentencies, result/ behaviour expectations 4. Evaluate the quantifiables 5. Understanding the technical knowledge and skills 6. Examining `factors’ outside of individual control 7. Agree the development needed and write an action plan – 8. Getting the feedback on your, `the appraiser’ performance 9. Managing poor performance – Supervisors have responsibility for • identifying performance deficiencies • providing ongoing performance coaching and feedback during the year NASSCOM HR FORUM | March 5 ‘10, Chennai 5
  • 6. Hitting the Targets •Employees • Pride in working for a well-run company • Understand how performance affects pay • Higher job satisfaction • Feel valued for contribution •Organization • Highly capable and engaged workforce • Ability to tie pay to performance • Improved workforce productivity • Improved performance for our clients NASSCOM HR FORUM | March 5 ‘10, Chennai 6
  • 7. How does it matter? Cost Efficiency Productivity Excellence NASSCOM HR FORUM | March 5 ‘10, Chennai 7
  • 8. “A company that aspires to true greatness furnishes its people with big challenges which, when met, fill people with self-confidence that can only come from within and only from winning.” - Jack Welch NASSCOM HR FORUM | March 5 ‘10, Chennai 8