1. CREATING A COMPANY-WIDE, ON-LINE, PERFORMANCE MANAGEMENT SYSTEM: A CASE STUDY AT TRW INC.
- Author
-
Neary, D. Bradford
- Subjects
PERSONNEL management ,PERFORMANCE management ,EMPLOYEE training ,MANAGEMENT committees ,INFORMATION technology - Abstract
Effective employee performance management and professional development is an imperative for any large, multinational company. In this article, the author explains the route taken by TRW Inc. to create a uniform, company-wide, Employee Performance and Development Process. TRW was able to create a unified process for evaluating and developing its most important asset-its nearly 100,000 employees toward the goal of creating a more performance-driven, customer-oriented company. In 2001, TRW faced many challenges. General market conditions were down and the company had a heavy debt load due to a large acquisition in the automotive business. The need for a comprehensive performance management and succession-planning tool rose quickly to the top of the senior Management Committee's priority list. A team consisting of several Information Technology experts and key human resource representatives from each of the business units was selected. Team members were chosen for their technical expertise as well as their ability to represent the concerns of their respective business units.
- Published
- 2002
- Full Text
- View/download PDF