
Lead- Performance Management
1 day ago
APPLY ONLY IF YOU HAVE DESIGNED AND IMPLEMENTED BALANCE SCORE CARD BASIS PMS
Lead Performance Management (Head HR)
Location: Visakhapatnam
Industry: Electronics & Industrial Automation
Department: Human Resources
Reporting To: Managing Director (MD) and Vice President (VP) Dual Reporting
Job Purpose:
To lead and institutionalize a performance-driven culture across the organization through strategic implementation of the Performance Management System (PMS), including Balanced Scorecard (BSC) methodology. This role ensures performance alignment with business goals and provides data-driven insights to the MD and VP.
Key Responsibilities:
Strategic Performance Management
Design and manage the end-to-end PMS for the organization.
Act as a strategic advisor to the MD and VP to align business and people performance.
Institutionalize Balanced Scorecard (BSC) to measure performance across Financial, Customer, Internal Process, and Learning & Growth perspectives.
Balanced Scorecard (BSC) Framework
Develop BSC-based scorecards at organization, department, and individual levels.
Define SMART KPIs across all four BSC dimensions:
- Financial: Revenue per employee, cost reduction initiatives.
- Customer: Client satisfaction scores, project delivery metrics.
- Internal Processes: Operational efficiency, compliance adherence.
- Learning & Growth: Training hours, innovation participation, succession readiness.
Generate dashboards and BSC reviews for strategic decision-making by MD and VP.
Appraisal and Review Management
Lead annual and mid-year performance review cycles.
Drive calibration and moderation processes across departments.
Ensure objectivity, consistency, and linkage of performance to rewards.
Goal Setting & KPI Cascading
Work with functional heads to set and align KRAs/KPIs based on the BSC.
Ensure cascading of goals from corporate to individual levels through a structured process.
Data Analysis & Reporting
Provide monthly and quarterly MIS on performance metrics.
Analyze performance data to identify trends, gaps, and improvement opportunities.
Employee Development & Talent Decisions
Partner with L&D to link performance outcomes to training and development.
Enable succession planning, HiPo identification, and role readiness mapping using BSC insights.
Automation & Process Improvement
Leverage HRMS tools (e.g., SuccessFactors, Darwinbox) to digitize and track performance.
Continuously improve PMS and BSC processes using industry benchmarks and internal feedback.
Key Requirements:
Education: MBA/PGDM in HR or equivalent from a reputed institute.
Experience: 812 years in HR with a strong focus on Performance Management and Balanced Scorecard implementation.
Industry Preference: Electronics, Industrial Automation, Engineering, or Manufacturing.
Technical Skills: Proficiency in BSC, PMS modules of HRMS systems, Excel, analytics, and dashboard tools.
Behavioral Competencies:
- Strategic thinking and execution capability.
- Strong communication and stakeholder engagement skills.
- Ability to manage dual reporting and multiple business expectations.
Preferred Attributes:
- Demonstrated experience in deploying BSC in a manufacturing or engineering environment.
• Strong analytical skills to interpret performance data for leadership use.
• Comfortable working in matrix organizations with cross-functional dependencies.
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