PERFORMANCE MANAGEMENT AT THE NIM (CI) CAMPUSGROUP 6

EXISTING SCENARIOTwo geographically different institutes Mother Institute : NIM (NI)NIM (NI) was ranked one of the top 15 business management schools in India by various agenciesUnit based performance management and incentive system which is transparent and appreciated by all faculty membersFaster growth by expansion strategyMetro cities are difficult to get established because of exorbitant rents and competitionTier-II cities are being targeted

PROBLEMS WITH THE SYSTEMLocational disadvantageGap between ranking of mother institute and CI campusCurrent performance management system did not lay emphasis on qualitative parameters of assessment except teachingHesitation from faculty members to join because of location inconvenience Problem in reducing the turn over of faculty membersAbsence of industry interaction in CI campusLocal teaching staff was not efficient enough and did not have required teaching exposure

PROBLEMS WITH THE SYSTEMFor EEP courses fierce competition from IIMs and other reputed management institutesNon-congruence of performance management system and reward systemElective system : Faculties of the subjects not much opted by many students tend to teach other courses that they do not have expertise in

OBJECTIVE OF MEETINGSDesign and implement acceptable performance management and reward systemImprove employee satisfaction and reduce employee turnoverImprove institute image and attract good students