Use of technology and E-PMS;

Performance Management Practises

in Indian organisation.

Performance Management A Performance management process for ensuring employees

are focusing their work efforts in ways that contribute to

achieving the agency’s mission. It consists of two phases: -

1. Setting expectations for employee performance.

2. Maintaining a dialogue between supervisor and employee

to keep performance on track.

Performance Management System

It is an organization - wide management program that provides a structured

approach to : -

➢ Communicate business strategy.

➢ Establish a shared understanding of what is to be achieved and how it is to be

achieved.

➢ Facilitate management of self and others.

➢ Measure and motivate performance.

E-Performance Management

1. E-Performance Management, a web-based tool, has been designed to make

your performance reviews easier than ever. E-Performance management

places effective performance management where it belongs in the hands of

managers. Performance contracting and appraisal have never been as easier

with E-Performance Management. The goals of the organization are linked to

the balanced scorecard elements giving the organization an overall view of

performance with drill down capability to departments, sub departments and

individuals.

2. It’s very well said that a good performance management system works

towards the improvement of the overall organizational performance by

managing the performances of teams and individuals for ensuring the

achievement of the overall organizational ambitions and goals.

Changes in trends of PMS: ● According to research by Harvard Business Review, 51 large firms started no-

ratings system in year 2015.The same research mentioned that 70% of the

companies were re-thinking about their performance management strategy in 2015.

● It eliminates traditional process of performance appraisals, employee reviews, and

evaluations. Performance management software gives transparency and

recognition along with feedback and helps in improving the employee’s

engagement.

● Focuses on company goals, evaluate performance, and measure the organization

results. It continuously traces all the activities which are related to company goals.

It is for employees, managers, and leaders.

● The software tells the employees about their performance and contribution to

company’s growth. Performance Review Software can either be implemented as a standalone system

or be integrated with the HR management suite or Compensation management software

Given below is the list of best online Employee Performance appraisal and

management software systems that are commonly used worldwide.

IBM Talent Management consists of IBM Cloud Application Performance Management, IBM Kenexa Employee

Assessments softwares

➢ IBM Talent Management provides HR Solutions, Talent management, talent

acquisition, performance management and assessment tests.

➢ For Talent Acquisition, there are multiple solutions like IBM Kenexa Talent

Acquisition Suite,for PMS; IBM Kenexa Employee Assessments, IBM Watson

Candidate Assistant, and IBM Watson Recruitment.

➢ For Talent Assessments, IBM provides Individual Assessments, Enterprise

Assessments, and Cybersecurity Assessments.

➢ Features:

● Talent Acquisition is powered by AI.

● Behavioral and skills assessment tests.

● Enterprise assessments.

● Data-driven insights provided by Watson AI will help you to find the best fit

candidate for your organization.

● Best For: IBM Talent Management can be used by small, medium and large

sized businesses. It provides solutions to help the businesses in training and

developing the talent.

Performance Management

at

Jubilant LifeSciences Ltd.

What is CornerStone Performance Suite?

CornerStone Performance Suite is a one-stop digital solution that helps Jubilant

LifeSciences Ltd., amongst many of its clients - coach, motivate and engage their

people to increase business agility, people performance and organizational

alignment.

Other products of cornerstone include:

● Recruiting Suite

● Learning Suite

● HR Suite

Features of CornerStone

Goal Setting - Individual Goals & Team Goals

Engagement Dashboard

Performance Review

Feedback

https://www.cornerstoneondemand.com/performance

Performance Management

at

SIEMENS

What is SAP Success Factors ?

1. A vital part of SAP since 2012, SAP success Factors is a world- leading

provider of cloud human experience management (HXM) the new people

focused term for HCM. HXM suite lets you provide employees with

experiences that recognise their individual value and consistently motivate

them to achieve peak performance levels.

2. An evolved cloud based HRMS.

3. Convert HCM into HRM.

Feature of SAP

1. Performance review.

2. Talent Management.

3. Analytics.

4. Success Factor.

5. Feedback.

Software used - ZOHO

Zoho People lets you manage all your HR and benefits programs from a

central location making it easier than ever to attract, retain and reward top

talent. All while reducing costs, saving time, and integrating and aligning

your HR efforts with the rest of your organization.