New Insights on Performance Management – Asrar Qureshi’s Blog Post #996
New Insights on Performance Management – Asrar Qureshi’s Blog Post #996 Dear Colleagues! This is Asrar Qureshi’s Blog Post #996 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to aq.pharmaveterans@gmail.com for publishing your contributions here. Credit: Ahmed Credit: Alena Shekhovtcova Credit: Alwyn Dias Credit: Khris Kunta kUkU This Blogpost is based on a data published by McKinsey recently. Which came out of survey of 1200 employees at various levels in 11 countries across continents. Link at the end. Performance management stands on four pillars: goal setting, performance review, ongoing feedback, and rewards. Performance management systems are therefore, designed along these lines. Many years ago, the MNC I was working for, started MBO – Management By Objectives. We got training on how to make objectives that would be measurable, and how to give weight to them. As years passed by, many organiz...