Organizations today understand the need to have an effective performance management system (PMS), as a necessity to be successful and drive excellent results. There is still however, a struggle to be best-in-class due to unstructured measurement processes that are misaligned with key strategic objectives. This presentation will be highly beneficial for engineers to gain a better understanding of the importance of creating effective PMS’s, learn effective ways to improve training and development within their job function and gather insight on potential advancements required in data visualization and automation. A case-study will be presented, demonstrating the detailed steps taken to create an effective PMS for a Program Management Office at an aerospace company, which resulted in improved performance results, optimized communication strategies and reduction of costs and resources required.
This talk will:
- define Performance Management Systems (PMS’s), outline its importance for engineers within organizations today and present the evolution of existing frameworks
- demonstrate effective methods of creating metrics tailored to the needs of a team for different levels of the organization
- indicate theresults of a real case study application, further describing the benefits and disadvantages of integrating sustainable concepts for long-term control
- share potential opportunities for future research in the field of performance management as an integration towards sustainability in engineering leadership and management studies
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