Employees form the backbone of any organization and their performance and work is what cumulatively defines the organization’s future and maps their success in the market. Hence, it becomes very important for any organization to integrate a system in the organization’s work culture. Quantify the performance of the team to efficiently plan and strategize tasks in the future.
Performance Management System (PMS)
Performance Management System is one such tool that can benefit the organizations immensely. It is an ongoing process by which managers and employees work together to plan, monitor and review an employee’s work objectives and overall contribution to the organization. More than just an annual performance review, PMS should be a continuous process of setting objectives, assessing progress and providing on-going coaching and feedback to ensure that employees are exceeding their objectives and are highly effective.
With it’s in-depth understanding and hands-on experience of working in the domain of Organizational Transformation, Team Faber Infinite has devised and crafted an extremely powerful Performance Management System which is delivering phenomenal results.
7 reasons why you should integrate this highly effective and powerful Performance Management System by Team Faber Infinite Consulting at your workplace –
- Unlike traditional management systems, Faber Infinite’s PMS provides total 12 improvement opportunities instead of just 1.
- Comes with a state of art dashboard feature
- Provides a holistic approach
- Results in timely feedback on a monthly basis
- Implements a transparent objective-based system
- The focus of PMS devised by Faber Infinite is on “Team Win” to build high-performance teams
- It is much easier to deploy and manage at the workplace
We are glad to share that Faber Infinite’s powerful Performance Management System has helped leading auto dealerships in India to improve profitability by 38% and service revenue increased by 64%.
Below is the glimpse of other benefits delivered at one of the leading automobile dealerships as a result of Faber Infinite’s Performance Management System:
- 43 % increase in vehicle sales target achievement
- 23 % reduction in discount offerings
- 18 % reduction in manpower costs
- 52 % cost increase in H-spirit score
Team Faber Infinite has helped hundreds of clients across geographies in achieving continual and sustainable development. We believe in excellence and thrive to achieve it with our every effort. Performance Management System is one of the most effective tools in the 21st century to efficiently track, plan and strategize for companies to achieve their targets and goals.
Moreover, PMS will also motivate the employees and team members to perform better because of the unbiased, transparent and highly efficient rewards and recognition system that PMS ingrains in the work culture of any organization. The time is evolving and so should the organizations in their culture and processes to increase their productivity and profitability.
Supercharge your organization’s performance with an effective Performance Management System (PMS). Discover the key to unleashing your team’s full potential. Fill out the form below to access expert guidance and build a high-performing organization that drives success!
Written & Compiled by Faber Kishlay & Faber Mayuri
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