PHILOSOPHY OF PERFORMANCE MANAGEMENT
Etymologically, philosophy is ‘loving wisdom’, and when we relate it to performance management systems, it means the critical evaluation of all the facts of an experience. Critical evaluation means assessment that is free from bias or prejudice. Hence, performance management philosophy means a value-based approach to evaluate the performance of employees.
Hughes Communications India Ltd (HCIL) is a subsidiary of Hughes Communications Inc., USA, and is the largest satellite service operator in India. HCIL's philosophy of performance management is ‘what gets measured, gets assessed and what gets assessed, gets enhanced’. HCIL appraises employee performance on an annual basis, giving credit for their achievements ...
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