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It is Time to Rethink Performance Management

  • By faber
  • September 30, 2020

In times of COVID, where the organisations must operate with limited manpower, it is difficult to achieve the desired output. Due to this situation, there are constraints regarding production throughput, productivity, quality, on-time delivery, etc. Hence, to enhance and achieve the desired results, organisations need to have effective Performance Management System.

Also, with current constraints of cost optimization and layoffs, it is all the more important now to motivate an existing workforce!

Most of the organisations are struggling with their performance reviews at present because there is no estimate of what to set as a goal for the present situation and how to achieve. Hence, a comprehensive performance review system by Faber Infinite consists of evaluating the situation, setting the standards, goals, eliminating non-value adding activities, and much more to motivate performing team members.

This review consists of a 1-on-1 review between an employee and manager which focuses rigorously on the individual’s competence to accomplish their job responsibilities. In addition, it considers the team and organization performance appropriately in the individual Performance Management System as per the hierarchy in the organization.

What is the Performance Management System (PMS) by Faber Infinite Consulting?

Performance Management System by Faber Infinite is a tool that will help the organizations immensely in times like these. It is a regular process in which managers and employees work together to plan, monitor, and review an employee’s work objectives and its total contribution to the organization. Except for reviewing employees and organisational performance annually, PMS is a continuous process of setting goals, reviewing progress, and providing on-going coaching and feedback. It is a simple yet powerful system that can be administered every month!

With the in-depth understanding and hands-on experience of working in the domain of Organizational Transformation, we have devised and crafted an extremely powerful and robust Performance Management System which is delivering phenomenal results across the industries even in times of such crisis.

7 reasons why you should integrate this highly effective and robust Performance Management System by Team Faber Infinite Consulting at your organisation–

  1. Unlike typical annual performance review, Faber Infinite’s PMS provides a total of 12 improvement opportunities instead of just 1.
  2. The PMS comes along with a state of art dashboard feature which helps the manager and employee map its growth and performance.
  3. Not just time or situation bound but provides a versatile approach
  4. Results in timely feedback on a monthly basis, which can help identify loopholes in the progress with the solution to solve it.
  5. It removes biases and favoritism and implements a transparent objective-based system.
  6. The focus of PMS devised by Faber Infinite is not just on appraisal, but to achieve quicker progress by the objective of “Team Win”.
  7. Hassle-free to deploy and manage.

Faber Infinite Consulting PMS has been helping leading organisations from various industries to achieve higher growths and results even in times of COVID crisis. We have been supporting various organisations to achieve desired goals even with limited resources. The same can be done for your organisation as well. Contact our team at [email protected] and deploy PMS by Faber Infinite Consulting to sustain this cut-throat competition post-COVID.

Written & Compiled by Faber Mayuri & Faber Priyal