Does your Performance Management System wake only once a year?
The world’s moved on.
Is your Performance Management System still waking up, just once a year?
It’s that time of the year when businesses using legacy systems begin to pull themselves together and brace for the effort and impact of what we’ve come to call the ‘annual appraisal’. The months leading to it are a veritable test of patience of the corporate kind - with the HR and the employees, coming under equal pressure.
But the larger world has changed. And the best organization's have realized that each employee’s narrative cannot be fairly judged by the climax - it needs to be evaluated on every page, every moment of truth, and every act & utterance. This requires a system to not just be smart, but continuous, not just linear, but 360 degrees. It requires a system that doesn’t just work on hindsight but on foresight.
It needs the HONO CONTINUUM PMS:THE CONTINUOUS PERFORMANCE MANAGEMENT SYSTEM
The HONO Continuum is a smart, agile, and modular system, which allows businesses to continuously assess their employees through the year, set workflows and goals, track KPIs and KRAs, plan compensation budgets, course correct personnel wherever the system indicates with best actions, including skill-upgrade, and prepare for the future with system-assisted succession planning. It’s a state-of-the-art system, which ensures that the management and the HR can see the woods along with the trees.
- You’re losing good employees mid-way
- Your potentially great employees are not performing
- You’re facing difficulty in keeping track of goals among shifting roles?
- Biases are colouring assessments
- It’s become impossible to make real-time corrections
- Teams are suffering from skill-gaps
- There’s way too much manual intervention in year-end assessment, budgeting, compensation planning
- The old start-stop assessment is not working anymore
HONO CONTINUUM PMS: THE CONTINUOUS PERFORMANCE MANAGEMENT SYSTEM
- Get continuous feedback from systems that are beyond mere KPIs & KRAs
- Track sentiment for signals of personnel flight or training
- Set goals with cascading objectives, aligned with KPI-KRA
- Use Normalised ratings, Dashboards & Trackers
- Benefit from significant deviations normalised by system
- Get multi-level 360-degree feedback
- Upgrade personnel skills, facilitate learning
- Initiate and manage mentorship programmes
- Performance Management Module: Easy, Intuitive, Interactive.
- Continuous Feedback system
- Multi-level 360-degree feedback and review
- Integrated Learning Management System
- Goal Management & Planning Module (For Individual, Team & departmental goal setting, cascading goals and corresponding plans)
- Normalised Ratings(Automated and Configurable)
- Compensation Budget Planning
HONO has transformed the way we work. We now have an end-to-end integrated HR value delivery system. This gives us real-time visibility and control of our HR operations. HR processes are delivered at our fingertips and our employees feel empowered.
-Saurabh Sanyal, Head - Rewards, COE, Corporate HR Spencer's
The HONO Continuum PMS has revolutionized the performance appraisal process of many conglomerates including Aakash Byju's, Dainik Bhaskar Corp Limited, Orient Bell Limited, Yokohama India Pvt Ltd, Spencer’s Retail Ltd. and many others.
If you’d like us to help you upgrade your PMS to the HONO Continuum PMS, we’d be happy to do so - just reach out to us!