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Performance Management Systems and Strategies by Dipak Kumar Bhattacharyya

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THE FOUR PILLARS OF PMS

Human resources is the only sustainable competitive advantage for any organization. Effective PMS through the process of HR integration, individually and also in groups, with the organization, ensures its appreciation. Proactive PMS, therefore, makes human resources more valuable, and with renewed knowledge and skill, people become more competent to perform better to perpetuate competitive advantage for the organization. Effective PMS, among others, also requires implementation of proper performance measurement systems, which can successfully track the individual and group level performances. According to Edward E. Lawler III, the four pillars of PMS focus on accomplishing the following:

  • Define and agree on what performance ...

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