Current State Assessment
Cedar will work with you to understand your current KPI and KRA methodology, as well as the performance management systems in place. We’ll also conduct a detailed review of KPIs and KRAs deployed company-wide to map them with industry best practices and identify key opportunity areas.
Framework Design & Implementation
Cedar leverages its 3 decades of Balanced Scorecard expertise to develop and execute a best-in-class performance management framework with a holistic approach. Our methodology is used to develop a pay-for-performance culture driven by clear measurement, improved target setting, and strong executive alignment.
Through conducting one-on-one interviews with department heads and other key stakeholders, we’ll gain an in-depth understanding of future requirements for critical roles and develop custom KPIs and KRAs for your selected positions. The exercise will also involve developing a bespoke weightage framework and setting appropriate targets in accordance with international best practices.
Cedar’s performance management system design is powered by our proprietary PeopleBSC tool, a comprehensive application used to develop world-class performance management frameworks, facilitate performance monitoring and tracking, and drive strategic decision-making by leveraging the Balanced Scorecard.
