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Performance Management System
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| PMS = Managing Performance + Monitoring Performance+ Review of Performance+
Performance Improvement = Organization Capability
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Performance management is a natural extension of the Welspun motto “Dare to Commit”. It requires staff to commit upfront what they are going to do, and then deliver on the commitment. It does so by using a strategic and integrated approach to delivering sustained success.
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Sustained success is achieved by improving the performance of employees. Performance improvement is achieved by developing the capabilities of teams and individuals.
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Welspun uses the Balance Score Card (BSC) , method for appraising performance. The premise behind the Performance Management System is that measurement motivates behavior.
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The BSC helps to communicate the values, priorities and direction of the company to its employees, and helps align everyone to the vision of the company Disha 2012.
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Welspun Brand Ambassadors for PMS |
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