The human capital of most companies/institutions are best managed by a cycle that streamlines their activities in an objective manner. We at CBD tailor make our performance management solutions after careful analysis of the industry within which our clients operate, the culture of our client companies as well as the modus operandi that is best suited for our clients based on sound research strategies. Basic strategies commence from the target setting stage through reviews, planning and related rewards. CBD adopts modern techniques in addressing the performance management cycle for our clients.
At CBD we do not just manage performance we strive to improve it for the benefit of our clients. We realize often times that many organizations overlook the role performance management can play in helping achieve their strategic objectives. Companies often view performance management simply as a tool that aids in compliance with certain critical HR processes including goal setting, mid- and year-end reviews, compensation distribution, etc.
We at CBD strive to advice our clients that they must see performance management as an opportunity to transform their use of performance management by leveraging its power as a business management tool that aligns decision making with the strategic value of different roles. Performance management must reflect the unique aspects of the business model and culture wile considering the risk profile of the industry. Such a transformation will often require a wholesale change in mindset and process.
Instead of being focused on achieving a targeted performance and reward distribution, a strategically aligned performance management system focuses on the roles and segments that drive value, and differentially aligns decision making with the pivot points of the business model. CBD advises its client organizations that using this approach to performance management, they can expect to realize a higher return on their investment in the workforce.