Hi Sweety,
It seems that you are a management student, and have listened these terms for the first time... Anyways, I'll brief you with all :
PMS stands for Performace Mangement System through which an employee's performance is been calculated. It is done once (in some organizations twice) a year.
GD is Group Discussion. It is one of the techniques used at the time of interviews. It helps in shortlisting the applicants on various parameters.
Now the last one,
SWOT Analysis is a marketing strategy in which you analyze a product's success in 4 different parameters. SWOT stands for Strength Weakness Opportunity and Threats.
I hope I've made these terms a little familiar to you now. Details you can easily get from various management books or through Google.
All the Best.
Surabhi
From Germany, Frankfurt Am Main
9It seems that you are a management student, and have listened these terms for the first time... Anyways, I'll brief you with all :
PMS stands for Performace Mangement System through which an employee's performance is been calculated. It is done once (in some organizations twice) a year.
GD is Group Discussion. It is one of the techniques used at the time of interviews. It helps in shortlisting the applicants on various parameters.
Now the last one,
SWOT Analysis is a marketing strategy in which you analyze a product's success in 4 different parameters. SWOT stands for Strength Weakness Opportunity and Threats.
I hope I've made these terms a little familiar to you now. Details you can easily get from various management books or through Google.
All the Best.
Surabhi
From Germany, Frankfurt Am Main
Hi
PMS is Performance Management System : is a strategic and integrated process that delivers sustained success to organisations by improving the performance of the people who work in them and by developing the capabilities of individual contributors and teams..
GD ( are you refering to Group Discussion ) or ... can you elucidate..
SWOT : Strength, Weakness, Opportunities and Threat.. It is a way to understand for a company what is its SWOT analysis in the market. Eg: YOU ( HOW ?)
Strength : Very frank in asking questions.
Weakness : Not much of understanding of the topics
Opportunities : To be in touch with me on HR subjects
Threats : NO replies for your mail....
Well I guess you might have understood the example...
Vaibhav
JSW Steel
9870505297
PMS is Performance Management System : is a strategic and integrated process that delivers sustained success to organisations by improving the performance of the people who work in them and by developing the capabilities of individual contributors and teams..
GD ( are you refering to Group Discussion ) or ... can you elucidate..
SWOT : Strength, Weakness, Opportunities and Threat.. It is a way to understand for a company what is its SWOT analysis in the market. Eg: YOU ( HOW ?)
Strength : Very frank in asking questions.
Weakness : Not much of understanding of the topics
Opportunities : To be in touch with me on HR subjects
Threats : NO replies for your mail....
Well I guess you might have understood the example...
Vaibhav
JSW Steel
9870505297
Thnks Surabhi..:icon1:
I am not a management student.But i have keen desire to learn and understand each and every aspect of Management.Thnks to Citehr..it helps me connect with some of the wonderful people like you and solve my queries.
Thnks Surabhi that you help me to clear these two terms.But still i've some confusion in my mind regarding PMS, like how to calculate it.Can you Plz explain it with any example....
Regards
Sweety
From India, New Delhi
I am not a management student.But i have keen desire to learn and understand each and every aspect of Management.Thnks to Citehr..it helps me connect with some of the wonderful people like you and solve my queries.
Thnks Surabhi that you help me to clear these two terms.But still i've some confusion in my mind regarding PMS, like how to calculate it.Can you Plz explain it with any example....
Regards
Sweety
From India, New Delhi
Thanks Vaibhav:icon1: The terms are almost clear to me now.But still confusion lies in PMS.Can you explain me it in details with any example. Regards Sweety
From India, New Delhi
From India, New Delhi
Definition:
Performance management is the process of creating a work environment or setting in which people are enabled to perform to the best of their abilities. Performance management is a whole work system that begins when a job is defined as needed. It ends when an employee leaves your organization.
Many writers and consultants are using the term “performance management” as a substitution for the traditional appraisal system. I encourage you to think of the term in this broader work system context. A performance management system includes the following actions.
http://humanresources.about.com/od/p...a/perfmgmt.htm
From India, Coimbatore
Performance management is the process of creating a work environment or setting in which people are enabled to perform to the best of their abilities. Performance management is a whole work system that begins when a job is defined as needed. It ends when an employee leaves your organization.
Many writers and consultants are using the term “performance management” as a substitution for the traditional appraisal system. I encourage you to think of the term in this broader work system context. A performance management system includes the following actions.
- Develop clear job descriptions.
- Select appropriate people with an appropriate selection process.
- Negotiate requirements and accomplishment-based performance standards, outcomes, and measures.
- Provide effective orientation, education, and training.
- Provide on-going coaching and feedback.
- Conduct quarterly performance development discussions.
- Design effective compensation and recognition systems that reward people for their contributions.
- Provide promotional/career development opportunities for staff.
- Assist with exit interviews to understand WHY valued employees leave the organization.
http://humanresources.about.com/od/p...a/perfmgmt.htm
From India, Coimbatore
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PMS Handbook.pdf
PMS for B & C, FINAL.zip
GD tIPS.doc