Lead- Performance Management

Lead Performance Management

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: 8–12 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.