Integrated Performance Management Improves Business Performance and Employee Productivity
A Circular Knit Manufacturing Company
Industry : Textile & Garment
Client's Profile
The client is a successful knit manufacturer, with its operation extended into spinning, knitting, dyeing and printing.
Client's Needs
To further build on its existing strengths, the client invited HKPC to introduce field-proven approaches to better manage its business performance.
HKPC Services/Solutions
HKPC conducted a series of diagnostic meetings with senior managers and visited the factory in order to identify opportunities for business enhancement.
Recommendations were provided on three improvement areas:
1. Performance management, including policy deployment, balanced scorecard, performance assessment, performance review, and reward and recognition 2. Training and development 3. Grading system
Productivity Achievements
Improved overall business efficiency by aligning departmental and individual objectives to organizational objectives
Increased transparency and visibility of departmental and individual contributions
Provision of key performance data for decision making
Fair reward system that ties in with performance
Motivated staff
Clarified definitions of interface and information requirements between departments
