VP Performance Management - Leading Conglomerate

Job Description

The position will be responsible for executing the balance score card performance management cycle. The individual will lead the smooth execution of objective setting, cascading and annual evaluations of all employees.Client DetailsLeading, reputable conglomerate in the regionDescriptionKey responsibilities will include:Review and update the Performance Management System based on leading practices to provide fair and transparent performance management across the Group;Lead the cascading of KPIs process, check-ins and year-end results by ensuring strategic objectives are executed across all units and functions while establishing relevant KPIs at each entity level;Develop Library of Standard Objectives and ensure linked to the Job level according to the process and producer identified;Design, implement and monitor Performance Management to enable employees understanding of the Strategic objectives/KPIs and identify how individual inputs contribute to the achievement of company objectives, specifically through managing the performance cycle;Custodian of the employee level performance management process; monitor / manage employees performance and ensure an aligned process-driven across all subsidiaries;Instill a performance-driven culture by conducting periodic roadshows to engage staff and promote benefits;Participate in developing specific guidelines to execute a division-based performance management framework;Provide awareness sessions on the Performance Management system to staff to enhance the understanding of the process and system along with its appropriate usage.Review and update the PM training manuals in preparation for performance cycles.Respond to employee requests related to performance management;Develop and update the annual appraisal process and guidelines and manage the evaluation process across functions;Handle the performance management cycle process from start to end and monitor timely and accurate completion of the evaluation;Contribute to developing and integrating competency models within the Performance Management System;Provides measurement standards, targets, and KPIs to the management team with respect to the performance management process, including both informal performance and annual formal performance evaluation;Using a numerous dashboard to analysis of individual performance on a quarterly basis and funnel up to the department level to measure impact actual against targets as per the balanced scorecard methodology.Manage the probation process for all new joiners across the group; conduct monthly update on probation status, connect with the new joiners and conduct training sessions around setting of objectives.ProfileKey prerequisites will include:Min of 10+ years of experience Private Sector, Consulting, with public listed company experience preferred.Excellent knowledge of balance scorecard cascadingProven track record in the implementation of PM initiativesExcellent financial skills and analysis of dataExcellent knowledge of performance management best practicesGood conflict resolution skills, communication, interpersonal, andpresentation skillsStrong analytical skillsUnderstanding of the impact of organisational culture on engagementand performanceJob OfferThere is a competitive package on offer and unrivalled opportunity to join a leading conglomerate in the region that have a heavy focus on culture & people.

Keyskills :