7 strategic hrm performance management
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TRANSCRIPT
STRATEGIC HRMPERFORMANCE MANAGEMENT
Presentation
by
Prof.M.S.S.Varadan
Chairman
Om Consultants (India) Pvt. Ltd.
U N L O C K IN G P EO PL E P O T E N T I A L
C O N S U L T A N T S
U N L O C K IN G P EO PL E P O T E N T I A L
C O N S U L T A N T S
BUSINESS BENEFITS AT THE THREE LEVELS OF PERFORMANCE
Level of Need - Performance
Business areas and possible benefits
Level 1 Level 2 Level 3
Implementing
Doing things well
Improving
Doing things better
Innovating
Doing new and better things
Organizational processes
Successful implementation of systems
Improvement of and efficiency of systems
Better strategy for choosing which systems to use
Marketing Matching the competition
Satisfying customers
Beating the competition
Delighting customers
Growing the market
Engaging customers
Legislation Meeting the requirements
Improving on the requirements
Creating the requirements
U N L O C K IN G P EO PL E P O T E N T I A L
C O N S U L T A N T S
BUSINESS BENEFITS AT THE THREE LEVELS OF PERFORMANCE
Level of Need - Performance
Technology
Level 1 Level 2 Level 3
Introducing technology effectively
Using technology more efficiently
Developing your own new technology
Government initiatives (eg. Investors in People)
Meeting the standards
(Getting the award)
Exceeding the standards
Setting new standards
Relationships Businesslike relationships and behaviour
Collaborative relationships and behaviour
Creative new relationships and behaviour
Individual aspirations
Meeting minimum career qualifications and requirements
Moving along a career path
Carrying your own career forward
U N L O C K IN G P EO PL E P O T E N T I A L
C O N S U L T A N T S
ORGANIZATIONAL GROUP AND INDIVIDUAL NEEDS AT THE THREE LEVELS OF PERFORMANCE
Area of need
Level of
business
benefit
Organizational Group Individual
I1 : Implementing doing things well
Meeting current organizational objectives
Working together to meet existing targets and standards
Being competent at the level of existing requirements
I2 : Improving doing things better
Setting higher objectives and reaching them
Continuous improvement teams
Having and using systematic, continuous improvement skills and processes
I3 : Innovating doing new and better things
Changing objectives and strategies
Working across boundaries to create new relationships and new products and services
Being able to work differently and more creatively with a shared sense of purpose
HR SCORECARD
5. Strategic Performance Metrics(Are we achieving our strategicgoals?)
1. Hotel Paris Basic StrategicThemes(What basic themes must we in HRpursue to help Hotel Paris achieve itsstrategic goals?)
Create Service-Oriented Workforce Embed Core ValuesEncourage Personal Employee
Growth and LearningEphasize Partnership and Sense of
Ownership
2. Strategic HR Activities Metrics(What HR function should we focuson, and how should we measure itsefficiency and effectiveness?)
Chapter 9, Appraising Number ofemployees getting feedback;percentage of appraisals completedon time
Chapter 8, Training Number of hourstraining for employee for employeeper year; number of hours training fornew employee
Chapter 10, Careers Percentage ofemployees with formal careerdevelopment plan
3. Strategically Relevant EmergentEmployee Capabilities andBehaviors Metrics (What skills andactions must our employeesdemonstrate if our company is toachieve its strategic goals?)
Employee moraleEmployee servicecommitment andengagement index
Various employee service-orientedbehavior metrics, including percentcalls answered with required greeting;speed of check in/out; percent roomcleaning infractions; and, percentguests receiving Hotel Paris requiredgreeting on arrival
Percentage ofemployees scoringat least 90% onHotel Paris corevalues quiz
Employee turnover
4. Strategically Relevant Customerand Organiational OutcomesMetrics (How can we measurewhether our customer service isactually improving and having thedesired effects?)
Guest servicesatisfaction index
Number of writtenguest complimentsand / or complaintsper year
Various customer and HotelParis outcome metrics,including; frequency ofguests' returns; averagelength of stay; and guestexpenditure per guest perstay
Rankings inindustry servicesatisfactionsurveys
Profit margins, andtotal annual profits
Percent shares ofmarket
Anual revenues
U N L O C K IN G P EO PL E P O T E N T I A L
C O N S U L T A N T S
EVALUATING THE TRAINING EFFORT
Four basic categories of training outcomes:
1. Reaction2. Learning3. Behavior4. Results