Podcast
Questions and Answers
What is the purpose of the performance review process?
What is the purpose of the performance review process?
To give a deeper understanding of the performance review process and provide guidance for managers.
Which of the following are considered key principles for performance reviews? (Select all that apply)
Which of the following are considered key principles for performance reviews? (Select all that apply)
Supervisors are responsible for preparing for the performance review meetings.
Supervisors are responsible for preparing for the performance review meetings.
True
What is evaluated during the performance review?
What is evaluated during the performance review?
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In a performance review, salary increases and promotions reflect the results of the total evaluation including both _____ and _____ evaluations.
In a performance review, salary increases and promotions reflect the results of the total evaluation including both _____ and _____ evaluations.
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What is the scoring range for goals in the performance management structure?
What is the scoring range for goals in the performance management structure?
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What does 'Goal Setting' refer to?
What does 'Goal Setting' refer to?
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Human Resources are responsible for monitoring the performance review system across the organization.
Human Resources are responsible for monitoring the performance review system across the organization.
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What are the two types of evaluations included in the performance management structure?
What are the two types of evaluations included in the performance management structure?
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What should you always observe in self-improvement?
What should you always observe in self-improvement?
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Which of the following is a recommended approach for discussing behaviors? (Select all that apply)
Which of the following is a recommended approach for discussing behaviors? (Select all that apply)
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The purpose of providing feedback to a poor performer includes establishing CLARITY about what needs to change and what support is available, COMMITMENT to improving performance, and ___ of what will happen if their poor performance continues.
The purpose of providing feedback to a poor performer includes establishing CLARITY about what needs to change and what support is available, COMMITMENT to improving performance, and ___ of what will happen if their poor performance continues.
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You should stick to opinions rather than facts when giving feedback.
You should stick to opinions rather than facts when giving feedback.
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What type of environment should be created for feedback meetings?
What type of environment should be created for feedback meetings?
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What should be avoided when providing feedback?
What should be avoided when providing feedback?
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Match the common reactions to feedback with their categories:
Match the common reactions to feedback with their categories:
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Align actions with __________.
Align actions with __________.
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Match the following components of goal setting:
Match the following components of goal setting:
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What is a SMART goal?
What is a SMART goal?
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What is the maximum total weight for a category in the Balanced Scorecard?
What is the maximum total weight for a category in the Balanced Scorecard?
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The Balanced Scorecard principle is a forced guideline.
The Balanced Scorecard principle is a forced guideline.
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Which of the following is not a recommended KPI for the Finance category?
Which of the following is not a recommended KPI for the Finance category?
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Write goals using what format: Do what? To what? To what end? By when?
Write goals using what format: Do what? To what? To what end? By when?
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What should G5 and above set during the annual performance review?
What should G5 and above set during the annual performance review?
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Which of the following is an example of a measurable indicator?
Which of the following is an example of a measurable indicator?
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Objective setting should only focus on individual performance.
Objective setting should only focus on individual performance.
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Reflection on working experience with the employee is a key responsibility of a supervisor during the year-end review.
Reflection on working experience with the employee is a key responsibility of a supervisor during the year-end review.
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Which of the following steps is NOT part of the year-end review meeting structure?
Which of the following steps is NOT part of the year-end review meeting structure?
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What should be discussed and documented during the year-end review?
What should be discussed and documented during the year-end review?
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The employee's self-assessment must be completed by the _____ of the year-end review.
The employee's self-assessment must be completed by the _____ of the year-end review.
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What does a score of 5 in measurement criteria indicate?
What does a score of 5 in measurement criteria indicate?
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The halo effect can contribute to an unbalanced performance assessment.
The halo effect can contribute to an unbalanced performance assessment.
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Which criterion is used for qualitative goals during performance measurement?
Which criterion is used for qualitative goals during performance measurement?
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In the year-end review, what should managers be aware of regarding personal biases?
In the year-end review, what should managers be aware of regarding personal biases?
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The year-end review meeting will involve _____ matching strengths and development areas.
The year-end review meeting will involve _____ matching strengths and development areas.
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Which financial steps are necessary to ensure the execution of our strategy?
Which financial steps are necessary to ensure the execution of our strategy?
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What is our value proposition in serving targeted customers?
What is our value proposition in serving targeted customers?
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At what processes must we excel to satisfy our customers and shareholders?
At what processes must we excel to satisfy our customers and shareholders?
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What capabilities and tools do our people require to execute our strategy?
What capabilities and tools do our people require to execute our strategy?
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What should individual objectives reflect?
What should individual objectives reflect?
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The process through which an employee will achieve their objectives should be unclear.
The process through which an employee will achieve their objectives should be unclear.
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What does hhc stand for in the context of compliance?
What does hhc stand for in the context of compliance?
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What is an essential competency required for every role?
What is an essential competency required for every role?
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To dedicate [_] of one’s working time to hhc activities is the minimum requirement for all employees across the levels.
To dedicate [_] of one’s working time to hhc activities is the minimum requirement for all employees across the levels.
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Match the following core values with their definitions:
Match the following core values with their definitions:
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What is an important aspect of effective planning for support staff?
What is an important aspect of effective planning for support staff?
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Result-oriented staff follow through on all assignments without asking for help.
Result-oriented staff follow through on all assignments without asking for help.
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What is the role of the function head in developing organizational long-term objectives?
What is the role of the function head in developing organizational long-term objectives?
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Support staff have _____ knowledge of the pharma industry.
Support staff have _____ knowledge of the pharma industry.
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What do managers do to support talent development?
What do managers do to support talent development?
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What is required when giving feedback during a mid-year review?
What is required when giving feedback during a mid-year review?
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Match the grade levels with their respective expected behaviors.
Match the grade levels with their respective expected behaviors.
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What is the first step in the mid-year review meeting structure?
What is the first step in the mid-year review meeting structure?
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Which behavior is associated with collaboration?
Which behavior is associated with collaboration?
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The _____ head identifies talent and supports developmental needs.
The _____ head identifies talent and supports developmental needs.
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Study Notes
Employee Performance Management System (EIL) Overview
- Performance Management System (PMS) aims to set clear objectives and provide feedback.
- Training for managers is essential to enhance their capabilities in using PMS effectively.
- A structured PMS guide helps managers navigate the performance review process.
Performance Review Agenda
- Overview of the performance management cycle with a focus on:
- Goals evaluation
- Behavior evaluation
- Mid-year and year-end reviews
- Conducting review meetings
- Providing constructive feedback
Objectives of the Performance Review
- Enhance managers' understanding of the performance review process.
- Offer guidance for effective target setting and performance conversations.
Expectations from Supervisors
- Key responsibilities include:
- Differentiating and aligning employee performance.
- Engaging and coaching employees regularly.
- Rewarding high performance through recognition.
Key Principles for Performance Reviews
- Ensure transparency in the evaluation process.
- Encourage employees to strive for high performance.
- Facilitate individual development through constructive feedback.
Roles and Responsibilities
- Employees should prepare for evaluations and understand role expectations.
- Supervisors must provide regular feedback and ensure alignment with developmental needs.
- Function heads ensure consistent PMS operation and act as role models.
- Human Resources oversees the evaluation system, promotes best practices, and provides ongoing training.
Performance Management Structure
- Evaluations comprise both outcomes (goals) and processes (behavior).
- Individual goals should align with departmental and company goals.
- Essential competencies for each role are evaluated alongside performance metrics.
Weighting and Reflection in Evaluations
- Evaluation outcomes affect salary increases, STI, and promotions.
- Common weighting structures exist for different grades, balancing goals and behavior.
Measurement and Scoring
- A five-point scale rates goals and behavior.
- Goals can be quantitative and qualitative, with performance levels defined clearly.
- Specific achievement ratios are set by each affiliate based on business needs.
Performance Management Cycle
- Key phases include goal setting, mid-year reviews, and year-end evaluations.
- Each stage involves discussions between managers and employees to adjust goals as needed.
Importance of Goal Setting
- Goals must align with overall organizational strategies.
- Effective goal setting clarifies expectations and motivates team members.
Cascading Goals Process
- The process ensures alignment from company strategic priorities down to individual performance.
- Each managerial level communicates and aligns their goals with overall organizational aims.
Balanced Scorecard Framework
- The Balanced Scorecard approach ensures a comprehensive evaluation across four key categories.
- The performance review process supports organizational objectives and aims to mitigate risks during evaluations.### Balanced Scorecard Framework
- Flexibility in assigning weight percentages to four categories: Finance, Customer, Operation, Learning & Growth.
- Maximum total weight for each category is 70%, minimum is 10%.
Goal Setting: SMART Criteria
- Specific: Clearly define who, what, where, when, and how.
- Measurable: Use qualitative and quantitative performance indicators.
- Ambitious but Achievable: Set stretch objectives that match available resources.
- Relevant: Align goals with departmental objectives and customer needs.
- Time-bound: Establish a timeline for achieving objectives.
Writing Goals
- Align goals with action verbs, affected subjects, desired results, and timelines.
- Example: "Increase number of sales by 25% by 31st December."
KPIs for Different Functions
- Sales: Focus on revenue and new product sales.
- Marketing: Emphasize market share and customer acquisition.
- Support Function: Ensure efficient resource allocation and utilization.
Commonly Used KPIs
- Finance: Total assets, profits, gross margin, revenue from new products, cash flow.
- Customer: Satisfaction, loyalty, market share, complaints resolved.
- Operation: On-time delivery, average lead time, waste reduction.
- Learning & Growth: Training investment, employee satisfaction, cross-trained employees.
Sample Financial Goals for Support Functions
- HR: Improve internal hiring, enhance employee satisfaction, reduce training costs through digital methods.
- Finance: Maintain a cash balance for three months, negotiate favorable interest rates on cash reserves.
- Admin: Review suppliers for cost efficiency, secure good flight deals for company travel.
Translating Organizational Goals into Actions
- Align financial, customer, operational, and learning goals with specific KPIs for effective goal setting.
Checklist for Effective Goal Setting
- Set clear direction and priorities aligned with business areas.
- Use SMART model to define individual objectives, linking them to the four categories.
- Clarify achievement processes for set objectives.
Performance Management Structure
- Align company, department, and individual goals with core values and competencies.
- Individual goals should encompass both qualitative and quantitative aspects.
Behavior Evaluation
- Focus on attributes required for effective job performance.
- Emphasize behaviors that reflect how objectives are achieved.
Common Competencies in ALA
- Core Values: Emphasize customer focus, integrity, and compliance.
- Essential Competencies: Include effective planning, execution, collaboration, and communication skills.
Definition and Expected Behaviors
- Reflect organizational commitments and responsibilities, particularly in compliance and ethical behavior.### Integrity
- Maintains confidentiality under pressure; admits mistakes and remains principled in decision-making.
- Demonstrates high trustworthiness; continually cultivates behavior across the organization.
- Minimum requirement: dedicate 1% of working time to health/human care activities for all employees.
Customer and Patient Focus
- Ensures customer satisfaction by prioritizing customer and patient needs in all interactions.
- Strives to understand both customer requirements and patient/caregiver interests.
- Staff at all levels work towards exceeding customer expectations and ensuring satisfaction.
Strategic Thinking
- Analyzes information to align team or organizational strategies with objectives.
- Staff and managers utilize data-driven approaches to develop valuable strategic inputs.
- Anticipates changes and strategically addresses risks and challenges for sustainable outcomes.
Innovation
- Encourages creative problem-solving and exploring hidden opportunities for new ideas.
- Emphasizes a culture of nurturing suggestions and new approaches throughout the organization.
- Fosters curiosity and shares insights from both internal and external sources to promote innovation.
Execution
- Develops short- and long-term plans to achieve organizational objectives, focusing on results.
- Identifies major roadblocks and works proactively to address potential challenges.
- Implements effective planning processes to streamline operations and enhance team performance.
Knowledge Building
- Deep understanding of the pharmaceutical industry and actively advances operational knowledge.
- Engages in self-directed learning and maintains professional skills through internal and external resources.
- Shares knowledge and insights with colleagues to improve overall performance.
Coaching and Development
- Identifies developmental needs of team members and supports their growth through coaching.
- Prioritizes talent development and provides actionable feedback for continuous improvement.
- Creates a learning culture that promotes skill development at all organization levels.
Collaboration
- Encourages open communication and mutual respect among team members.
- Effectively expresses opinions while actively listening to others to understand different perspectives.
- Promotes an environment that values honest communication, especially during challenging scenarios.
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Description
This quiz covers the essentials of Employee Performance Management Systems, including performance evaluations, mid-year and year-end reviews, and providing feedback. It is designed to enhance managers' understanding and application of the PMS process.