pms a overview

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Performance Management System  An Overview  An Overview OIL PMS

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Page 1: Pms a Overview

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Performance

ManagementSystem

 An Overview  An Overview 

OIL PMS

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Performance Management Philosophy

Performance Management Parameters

Illustration of Assessment Parameters

The System

The Appraisal Process

Addendum to PMS

The Evolving Scenario

OIL PMS

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� Aligned To Company¶s Strategy.

� Assess Capabilities And Competence.

� Support Development Of Individual.� Facilitate Empowerment On A Continuous Basis.

� Prepare Leadership Pipeline.

� Synchronize Individual¶s Growth With Organizational Growth.

� Continuous Process Of Identifying, Measuring And Developing

Human Performance

OIL PMS

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� Physical Targets Related To Functional / Business Areas.

� Behavioral Attributes

� Managerial Competence

� Views on Integrity and Sensitivity to Weaker Section

(Weightages Vary With Levels)

OIL PMS

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Business Targets

� Reserve Accretion (total HC)

� Drilling Meterage

� Hydrocarbon Production� Quality of Products

� Environment Management

� Safety Performance

� Cycle Speed

� Budget Utilization / Cost Control

� Training Performance

(A Few are Pre-Agreed for Assessment)

OIL PMS

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Behavioral Attributes

� Team Work & Cooperation

� Change Orientation, Flexibility / Adaptability

� Customer Focus

� Initiative & Drive

� Performance Orientation & Accountability

� Interpersonal Relationship Skills

� Honesty

� Integrity

OIL PMS

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Managerial Competence

� Planning & Organization

� Problem Analysis & Decision making

� Job Knowledge & Competence� Control & Supervision

� Resource Management

� Delegation

� Quality Of Work Output

� Cost Consciousness

� Ingenuity� Development of Self / Subordinates

OIL PMS

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� Annual Assessment Cycle ( Financial Year)

� Finalization Of Targets / Assessment Parameters

� Jointly By Appraiser / Appraisee� Physical / Business Targets

� Time Bound Assignments.

� Behavioral / Managerial Attributes

� Beginning Of Assessment Period.

� Mid Term Reviews And Feedback

� Annual Appraisal

OIL PMS

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� Mid-term review by Immediate Superior (IO)

�Focus on Mid-term Achievements vis-à-vis Targets.

� Mid course corrective measures for delays / shortfalls

� No Ratings done.

� Targets modified, if warranted by circumstances.

� Feedback To Appraisee

Mid Term Review

OIL PMS

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Self Appraisal:

� Submitted By Appraisee

� Achievements vis-à-vis Business Targets

� Time-bound assignments

� Role played in above

� Status of the assignments (at the time of reporting)

� Assistance / Guidance received from Colleagues / Seniors.

� Difficulties / Constraints faced.

� Training during the year (In-house / In-country / Overseas)

� Future Needs For Development.

(This Inter-alia Forms a Basis For Performance Assessment)

Annual Appraisal

OIL PMS

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� Multi Stage Assessment depending on Levels

- Initiation / Review / Next Stage Review

� Performance Evaluation Initiated Based On Self Appraisal

� Each Stage of Evaluation Time Bound

� Minimum Duration of Service Required for Assessment

� Comments And Ratings By IO Communicated.

� Appraisee Free to Dissent / Appraiser to Record Reason

� Reviewer / Next Stage Reviewer Moderate

Appraisal By SuperiorsOIL PMS

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� Five Point Rating Scale: ³5´ - Highest and ³1´ - Lowest.

� Fraction of 0.5 may be awarded

� No points like 3.4, 3.6, 3.9, etc. are permitted.

The scale definitions:

5 - ³Outstanding or significantly exceeds performance standards´

4 - ³Above Average or Exceeds performance standards´

3 - ³Highly Satisfactory or Meets performance standards´

2 - ³Satisfactory or Marginally meets performance standards´

1 - ³Unsatisfactory or Fails to meet performance standards´

Rating Scale

OIL PMS

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The Weightages Of IO, RO, SRO & NSRO For Different Grades :

GRADESGRADES IOIO RORO SROSRO NSRONSRO TOTALTOTAL

H & IH & I 4040 3030 3030 -- 100100

D,E,F & GD,E,F & G 3030 2525 2525 2020 100100

 A,B,C,C1  A,B,C,C1 4040 3030 3030 -- 100100

� At Least 03 Appraisers Needed To Initiate / Review For  

Moderation Of Scores.

Weightages of Ratings

OIL PMS

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� Strengths and Weaknesses Discussed

� Development Needs Identified

� Job Rotation Need Identified (HR Custodian)

� Training Requirements Prescribed (TNI)

� Adverse Remarks / Counseling

Feedback / Counseling

OIL PMS

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Department of Public Enterprise (DPE) vide its OM No. 2(70)/08-DPE(WC) dated 26.11.2008 prescribed that

Quote

³Each CPSE would develop a robust and transparent PerformanceManagement System. CPSEs would adopt ³Bell Curve Approach´ in

grading the officers so that not more than 10% to 15% executives are

³Outstanding/Excellent´. Similarly, 10% of executives should be

graded as ³Below Par´. Some CPSEs already have a PMS and other 

will have to frame a robust and transparent PMS to be able to pay

PRP´

Unquote

Addendum to PMSOIL PMS

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Looking Back, We Ascertain«.

� Performance Appraisal Process In OIL - A Healthy System

� Utilized To

� Evaluate The Individual Performance� Identify Their Development Needs,

� Assess Job Enrichment Requirement

� Affect Inter & Intra Departmental Rotation

� Decide on Annual Increment &

� Assess for Career Progression

Addendum to PMSOIL PMS

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� APR Scores Across Departments And Grades Normalized

� Compensates for Difference in Assessment Pattern.

� A Comparable Relative Performance Metric Created for 

Each Grade To Fit In A Bell Curve.

� Performance Related Payments (PRP) made Based onFitment in Bell Curve

Addendum to PMS

Bell Curve Approach

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PMS IN OIL ± AN EVOLVING PROCESS

A Robust & Healthy PMS In Place

Periodic Reviews To Update / Keep Pace With Change

Measuring And Rewarding Performance - A Key Requirement(2nd PRC)

Time & Objectivity Of Assessment Extremely Critical

Need To Transform Current PMS To On Line System

Internal Task Force / TrainingReputed Consultant For Upgrading (BSC Based) PMS

Going On-Line

OIL PMS