Podcast
Questions and Answers
Who is responsible for evaluating the performance of Territorial Circles?
Who is responsible for evaluating the performance of Territorial Circles?
How is customer satisfaction assessed for circles with no external customers?
How is customer satisfaction assessed for circles with no external customers?
Which group type would be evaluated by the respective Circle Heads?
Which group type would be evaluated by the respective Circle Heads?
What does the GPMS scorecard primarily consist of to measure group performance?
What does the GPMS scorecard primarily consist of to measure group performance?
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Who would evaluate the groups at the corporate office according to the text?
Who would evaluate the groups at the corporate office according to the text?
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How is overall performance assessment in GPMS conducted?
How is overall performance assessment in GPMS conducted?
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What is the purpose of introducing the Group Performance Management System (GPMS) in BSNL?
What is the purpose of introducing the Group Performance Management System (GPMS) in BSNL?
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What does the GPMS help in identifying?
What does the GPMS help in identifying?
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What is the purpose of assigning objective KPIs to distinct groups within BSNL?
What is the purpose of assigning objective KPIs to distinct groups within BSNL?
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What role does GPMS play in assessing the performance of various groups within BSNL?
What role does GPMS play in assessing the performance of various groups within BSNL?
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What is the concept that served as the foundation for GPMS?
What is the concept that served as the foundation for GPMS?
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How can GPMS be described in relation to Project SHIKHAR?
How can GPMS be described in relation to Project SHIKHAR?
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What is the purpose of the Individual Performance Management System (IPMS) mentioned in the text?
What is the purpose of the Individual Performance Management System (IPMS) mentioned in the text?
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Who is covered under the Individual Performance Management System (IPMS) at the initial stage according to the text?
Who is covered under the Individual Performance Management System (IPMS) at the initial stage according to the text?
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What is one of the factors to consider while preparing the GPMS scorecards?
What is one of the factors to consider while preparing the GPMS scorecards?
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Who is responsible for creating the scorecards of Company and parent units as per the text?
Who is responsible for creating the scorecards of Company and parent units as per the text?
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How many KPIs should ideally be kept while finalizing the GPMS scorecards based on the text?
How many KPIs should ideally be kept while finalizing the GPMS scorecards based on the text?
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What is the role of the Territorial Circle Office nodal designates in relation to GPMS according to the text?
What is the role of the Territorial Circle Office nodal designates in relation to GPMS according to the text?
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What score would a revenue achievement of 72 Cr. result in?
What score would a revenue achievement of 72 Cr. result in?
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If the achievement is 40 Cr., what would be the corresponding score?
If the achievement is 40 Cr., what would be the corresponding score?
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What performance level is equivalent to a score of 90?
What performance level is equivalent to a score of 90?
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If the revenue achievement is 80 Cr., what would be the score?
If the revenue achievement is 80 Cr., what would be the score?
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Which revenue range would result in a score of 75?
Which revenue range would result in a score of 75?
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What is the score for an achievement of 95 Cr.?
What is the score for an achievement of 95 Cr.?
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What is a key characteristic of performance indicators in relation to the company's scorecard?
What is a key characteristic of performance indicators in relation to the company's scorecard?
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Why is course correction mentioned in the context of GPMS implementation?
Why is course correction mentioned in the context of GPMS implementation?
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What is the significance of achieving the target in relation to the scorecard parameters?
What is the significance of achieving the target in relation to the scorecard parameters?
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In what way should information technology be utilized in the company based on the text?
In what way should information technology be utilized in the company based on the text?
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Why should targets be capable of being changed after the quarterly review?
Why should targets be capable of being changed after the quarterly review?
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What indicates if marking against the target is fair, good, or excellent?
What indicates if marking against the target is fair, good, or excellent?
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Study Notes
BSNL's Competitive Business Environment
- BSNL faces a tough competitive business environment, requiring a significant mindset change from top executives to employees.
- The company needs to undergo a massive transformational change to improve its performance level.
Introduction of GPMS
- Introduction of a Performance Management System (PMS) can help BSNL move towards a performance-oriented work culture.
- However, considering the large employee base, BSNL's top management has decided to introduce a Group Performance Management System (GPMS).
GPMS Concept
- GPMS is an initiative under Project SHIKHAR, aiming to have an objective and transparent system for assessing performance.
- It involves identifying Key Performance Indicators (KPIs) for individuals and functional groups within the organization.
- The system assigns objective KPIs to distinct groups aligned with organizational objectives.
- It assesses KPIs against targets in an objective and transparent manner.
Foundation of GPMS
- GPMS is a new performance measurement system with an implementation approach similar to the Balanced Business Scorecard (BBSC).
- BSNL adopted the BBSC concept in 2006 and introduced an improved performance management version in 2009.
GPMS Scorecards
- GPMS scorecards for all group types consist of KPIs to measure performance on financial, customer/market, and operational parameters.
- The scorecards include a parameter to measure customer satisfaction, which is assessed through a customer survey administered by an external third-party agency.
- Customer satisfaction is based on parameters such as brand and advertising, product innovation, customer responsiveness, and quality of service.
Individual Performance Management System (IPMS)
- IPMS is introduced to develop an objective and transparent system for assessing performance at the individual level.
- IPMS is aligned with GPMS and initially covers DGM and above rank officers.
Creating a GPMS Scorecard
- The correct approach to creating a GPMS scorecard involves a sequence that flows from the top.
- The scorecards of the company and parent units are created by the restructuring cell of the Corporate Office in close coordination with GPMS nodal designates.
- Territorial Circle Office nodal designates design GPMS cards for SSAs in their circle.
Key Considerations for GPMS Scorecards
- Performance parameters should be linked with strategic objectives and vision of the organization.
- They should be measurable, actionable, result-oriented, and controllable.
- The number of KPIs should be kept at a minimum.
- The achievement level of excellent, good, and fair will result in a score of 100, 80, and 60 respectively.
- Achievement below 100 will be based on the performance level, with a score calculated using linear scaling.
Power of PMS
- A PMS introduced with an intention of imposing performance-oriented culture with emphasis on new behaviors and core competencies, customer focus, and personal accountability is powerful to bring change in the organization.
Changing Targets
- Targets can be changed after the quarterly review, but this should be more of an exception than a practice.
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Description
Test your knowledge on how BSNL can undergo a transformational change by introducing a Group Performance Management System. Learn about the benefits of a performance-oriented work culture and the challenges faced by BSNL in implementing this system.