Course

Module 1

Module 1: Introduction to Performance Management (7.5 hours)

1. Introduction to the course.
2. Strategic planning and Performance Management.
3. What is Performance?
4. Performance planning.
5. Performance management process.

Module 2

Module 2: Competency Mapping (7.5 hours)

1. Competency mapping and performance.
2. PMS and Competency Mapping.
3. Competency mapping and career planning.
4. Assessment Centers.
5. Development centers.
6. PMS and Balanced Score Card.

Module 3

Module 3: Performance Measures and Analysis (7.5 hours)

1. Performance Measurement; Performance Analysis and Review.
2. Performance discussion and counseling; Multirater feedback.

Module 4

Module 4: Implementing PMS (7.5 hours)

1. Implementing PMS; Performance based compensation.
2. Team based Performance assessment.
3. Mapping KRAs and Incentives.
4. Performance accounting and audit.
5. Ethical and Legal issues in Performance Management.
6. Projects and Presentation.

Course Description

Performance Management and Compensation is a course designed to acquire in-depth critical reasoning and skill development. The course enhances participants’ leadership skills and managerial skills to make then analyze, evaluate, apply and create suitable Performance Management and Compensation programs. This is an HR elective that builds in-depth skills to analyze the organizational context and design appropriate strategically oriented performance management programs. This course is an integral course for those who are looking at Strategic management and leadership positions in organizations. It builds on strong conceptual knowledge skills to design and implement such programs.

Course Outcomes& Learning levels

The course involves strategic-oriented systems that integrate employee competencies with business strategy and includes developing performance management systems for the organization. The main thrust of the course is to help participants understand the framework of Performance management and its integration with compensation systems and strategies in the context of business realities and develop relevant strategies and frameworks that would suit the organization. The following are the specific outcomes of the course:

1. Analyze the strategic linkages of Performance Management (Level 4).
2. Create Performance management system for various roles in an organization (Level 6).
3. Evaluate design and implementation issues of Performance Management system (Level 5).
4. Apply the linkages of Performance management to Compensation in an organization (Level 3).

Evaluation Pattern

*Based on assignments / Tests / Quizzes / Case Studies / Projects / Term paper / Field visit report.

1. Performance Management Systems and Strategies, Dipak Kumar Bhattacharya, Pearson Education