{"id":1206,"date":"2018-09-25T11:04:11","date_gmt":"2018-09-25T11:04:11","guid":{"rendered":"http:\/\/grosum.com\/topTalk\/?p=1206"},"modified":"2018-09-25T11:04:57","modified_gmt":"2018-09-25T11:04:57","slug":"vinod-performance-management","status":"publish","type":"post","link":"https:\/\/grosum.com\/topTalk\/vinod-performance-management\/","title":{"rendered":"Vinod Bidwaik, CHRO & Vice President HR at Alfa Laval India"},"content":{"rendered":"

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Vinod Bidwaik is a seasoned HR professional with more than 20 years of experience in HR with 11 years of leadership experience in big Indian and Multinationals industries, viz: manufacturing, media, automobile, and life science & material science companies.<\/p>\n

He is the recipient of prestigious Asia Pacific HRM Leadership Award 2014<\/strong> given at Asia Pacific HRM Congress held at Bangalore and \u201cVibrant Gaurav Puraskar 2016\u201d<\/strong> given by Vibrant Group, an association of HR professional & Pune HR leader 2017 by HRD Congress.<\/p>\n

He is currently working with Alfa Laval India<\/a> as CHRO & VP-HR. He is also a management team of Alfa Laval India.<\/p>\n

He writes regularly in management journals and magazines. He is also a life member of Bombay Management Association, NIPM, and NHRD and regular speaker on different forums. He is also a regular column writer in English & Marathi Dailies.<\/p>\n

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What is currently missing in the way overall employee performance is being managed?<\/h1>\n

Most of the times, the performance management system is just a ritual. This is because the missing part of the system is \u201cpurpose\u201d. Manager and Employees have their own perceptions about the performance management system. Their \u201cpurpose\u201d is to compensate their employees. Hence higher rating is always perceived for a higher merit increase. It is leader\u2019s job to give the larger purpose to the system..i.e. it is not just for the merit increase but recognizing employee contribution and his development areas to be a better\u00a0employee in the organization.<\/p>\n

On the organizational level, this should be the integrity exercise not just to complete the process and run the yearly exercise.<\/p>\n

Second missing point is the \u201crelevance\u201d of such systems to the current business scenario. The PMS system<\/a> is established and very rarely it is reviewed periodically. Performance is always important, but the actual results are always considered rather than how these results are achieved. I am speaking about behaviors. Do we really consider the right behaviors and values while evaluating employees?<\/p>\n

Third missing point is \u201cthe way it is conducted and communicated.\u201d Are managers trained properly to give the right feedback? Are they giving the feedback based on the events and circumstances? It should not be an annual ritual. Performance Management System should be one of the milestones in the journey of the employee lifecycle.<\/p>\n

Fourth missing point is misinterpreting performance to the potential. The general tendency is to identify the talent based on the performance instead of potential. Hence, I always advise delinking the performance management system. Compensation and identifying the talent based on performance.<\/p>\n

Given that a company’s workforce now has a significant proportion of virtual and freelance workers, how should performance management include them?<\/h1>\n

I will suggest having regular business performance meetings, department performance meetings and then individual feedback sessions for team regularly. Business performance meetings can be monthly and quarterly individual feedback sessions. During such meetings focus should be on actual performance and peer learnings.<\/p>\n

During periodical feedback sessions focus can be on \u201chow\u201d part on behaviors and development needs and employee should get the sense that managers are supporting them instead of identifying faults.<\/p>\n

Managers need a lot of training on coaching, feedback giving and other aspects of performance management.<\/p>\n

What are employees, managers, and decision-makers looking for to make performance management more effective?<\/h1>\n

I think it is about \u201cexpectations management\u201d. Employees and managers including decision makers have their own expectations from each other. If you make these expectations clear, then effectiveness will be there. This can be done with more concrete goals<\/a> (SMART-objectives), aligning goals to the common purpose of the organization and job purpose; Qualitative feedback about the job; and trying to put the expectations well documented.<\/p>\n

Transparency and openness is the key to any effective performance management system.<\/p>\n

What are some of the new things being introduced in Performance Management that are working\/not working?<\/h1>\n

It is evolution. There is no rocket science. It should not be the copy paste system. It should be relevant and aligned with your business needs. Some trends are as under:<\/p>\n