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Breakthrough Performance Management Strategies for Enhanced Entrepreneurship and Growth

Discover innovative approaches to performance management that integrate entrepreneurship within organizations. This presentation covers breakthrough strategies like the PMS Pyramid, the Balance Scorecard for senior management, and the development of in-sourced entrepreneurs. Learn how to implement a credit system that aligns incentives with performance while supporting career progression. Our agenda includes a comprehensive Q&A segment to engage attendees and foster understanding of these transformative management practices. Join us in redefining success through effective performance management.

deirdre-breslin
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Breakthrough Performance Management Strategies for Enhanced Entrepreneurship and Growth

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Presentation Transcript

  1. Presentation: Innovations In Performance Management

  2. Agenda • About Us • Breakthrough Performance Management Strategies

  3. Agenda • About Us • Breakthrough Performance Management Strategies

  4. Interpreneurship ‘In-sourced Entrepreneurs’

  5. The PMS Pyramid Promoter Board Level (Balance Scorecard – 5 year rolling) Senior Management (Balance Scorecard) Interdependence MANAGEMENT SUPPORT (Career Progression Plan) What do I get & give? BASIC NEEDS (Credit System) What do I get?

  6. Breakthrough PMS strategies • Credit System based PMS

  7. Sales Additional 3 Accounts 7200 `per month 86400 ` Annual Incentive 35% of Incentives as Increments New salary matches next level or role then next in line for Promotion Credit per Account ` 2400 Monthly CTC ` 9600 Performance Credit (2960)

  8. Recruitment Additional 10hires 7000 ` per month 35% of Incentives as Increments 84000 ` Annual Incentive New salary matches next level or role then next in line for Promotion Credit per Hire ` 700 Monthly CTC ` 14000 Performance Credit

  9. Summary • About Us • Breakthrough Game Changers • Credit based PMS

  10. Q & A

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