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3 days ago
Our organization specializes in end-to-end employee lifecycle management, providing exceptional services in recruitment, payroll processing, performance management, and policy formation tailored to business needs.
We are seeking an experienced Key Performance Management Strategist to join our esteemed Client in Power Electronics based out of Visakhapatnam.
About the Role:This is a key leadership position responsible for institutionalizing a performance-driven culture across the organization through strategic implementation of the Performance Management System (PMS), including Balanced Scorecard (BSC) methodology.
The role ensures performance alignment with business goals and provides data-driven insights to the Managing Director and Vice President.
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.
- 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
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.
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