JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD

22MBA19H1: TALENT AND PERFORMANCE MANAGEMENT SYSTEMS

MBA (R22)

Course Objective:

To provide an understanding of the importance of talent and performance management.
To elucidate how companies integrate competencies with Talent management process.
To help learn various aspects in performance management.
To impart knowledge of the various aspects in PMS Process and implementation.
To elaborate on Employee development, Reward & Legal Systems.

Course Outcome

Students will be able to:

Understand Talent Management Process along with its key components.
Learn the significance of performance management and employee development in organizations.
Learn different approaches to Performance Management System.
Understand KRA’s and KPI’s and performance metrics.
Identify the importance of reward systems in organizations.

UNIT - I: Introduction to Talent Management (TM)

Meaning and Importance of TM, Scope of TM

Need for and Imperatives of TM. Competencies for TM: Concept of Competencies, Importance of Competencies, Development of Competency Model, Competency Mapping, Competency Assessment & Development using Assessment & Development Centers.

UNIT - II: Implementing Competency based TM

Integrating Competencies with Talent Acquisition,

Talent Development, Performance Management, Career Development, Succession Planning and Talent Retention. Using TM to build High Performance Work Teams. Developing Leadership Potential through 360-degree Feedback. Leadership Succession using 9-Box Talent Management Grid. Building a strong Talent Pipeline cum Bench Strength.

UNIT - III: Performance Management (PM)

Importance of Performance Management. Contribution of

PM, disadvantages of poorly implemented PM. Role of HR in PMS. Determinants of Performance: Declarative Knowledge, Procedural Knowledge and Motivation. Linkages of PMS with other HR Processes. Different Approaches to PMS: Traditional Performance Appraisal System, MBO and Balanced Scorecard. Linking PM and Strategy.

UNIT - IV: PMS Process & Implementation

Performance Planning & Agreement on Goals, Key Result

Areas (KRAs), Key Performance Indicators (KPIs) and Performance Metrics. Measuring Behaviors and Results. Gathering Performance Information, Presentation of Information, Interpretation and Taking Corrective Action. Determining the Overall Rating of Performance.

UNIT - V: PM

Employee Development, Reward & Legal Systems: Personal Development Plans

Objectives, Content and Activities. Direct Supervisor’s role. 360-Degree Feedback Systems. Ongoing Feedback. PM Sills for Managers: Coaching, Using Different Styles of Coaching and Involving in Ongoing Coaching Process. Reward Systems: Traditional vs Contingent Pay Plans, Pay for Performance. Pay Structures: Job Evaluation, its Methods, and Broad-banding. PMS and Law, Legal Principles affecting PMS.