Recognising
and rewarding individual effort is an
institutionalised process at CMC. We would
not be where we are without the whole-hearted
support of our staff. Our fast-track growth
and the challenge of the current change
and transformation demand ever-higher
levels of performance and a corresponding
response from the organisation in terms
of support and motivation.
We do this through our online web-enabled
performance management system, Speed (System
for Performance Evaluation and Employee
Development). The system enables us to
manage a variety of performance-related
tasks: planning, motivation, evaluation,
and performance enhancement.
Speed
establishes and maintains an environment
that supports our business processes and
ensures that an employee's performance
is evaluated in consonance with the targets
and goals of the company.
All
our employees are provided with an opportunity
to discuss their performance, plan their
development and submit self-appraisals.
Performance appraisals are
carried out annually while performance
ratings are discussed with the employee
and feedback is given in a constructive
manner. The goals for the next period
and the factors that facilitate and inhibit
their achievements are examined.
Speed has put CMC on the
fast track in terms of employee satisfaction
and performance, and it has enabled the
company to improve the quality of the
products and services it delivers to customers. |
