Target Setting In Performance Management – Line Managers/Hr Professionals

MODULES:

 

Day 1: Foundations of Target Setting 

 

Performance Management Fundamentals

• Understanding performance management systems
• Link between strategy and targets
• Types of performance measures
• Target setting principles

 

Strategic Goal Alignment

• Organizational goal cascading
• Departmental alignment
• Individual target alignment
• SMART objectives framework

Performance Metrics

• Key Performance Indicators (KPIs)
• Quantitative vs qualitative targets
• Setting baseline measurements
• Performance standards development

 

Day 2: Target Setting Process

 

Target Setting Methods

• Bottom-up vs top-down approaches
• Benchmarking techniques
• Industry standards
• Setting stretch targets

 

Stakeholder Engagement

• Employee involvement
• Management buy-in
• Communication strategies
• Managing expectations

 

Implementation Planning

• Documentation processes
• Resource allocation
• Timeline development
• Risk assessment

 

Day 3: Monitoring and Review

 

Performance Monitoring

• Progress tracking systems
• Performance review cycles
• Data collection methods
• Reporting frameworks

 

Target Adjustment

• Review and revision process
• Managing underperformance
• Reward systems
• Continuous improvement

 

Action Planning

• Implementation strategies
• Best practices