Performance & Reward Systems
Developed over the past 10 years to the point where we know we can deliver an integrated performance and reward system that influences culture and organisational performance.
Our approach combines the unusual mix of people and capabilities that is TriSigma and includes:
Diagnostic and Forensic Analysis
- gaining a thorough understanding of the organisational dynamic, context and strategic objectives
- an analysis of the issues causing underperformance
- a forensic analysis of the key people management and financial structures currently and historically impacting organisational performance
Performance System
- engagement of key stakeholders that ensures buy-in and their ownership of the process after we leave
- engagement of the workforce more generally, as this is where performance is delivered
- identification of the drivers & measures of performance
- development of key accountability frameworks that ensure all aspects are assigned and understood
- development of performance standards for each accountability
- development of the performance plans needed in the short, medium and long-term to deliver stakeholder expectations
Reward System
- development of a reward system driven by the agenda set by the performance system, not visa versa
- working with key stakeholders to ensure there is an understanding of what each role will need to contribute for required performance outcomes to be delivered
- balancing the decisions the reward system encourages for short-term profitability and long-tern sustainability
- ensuring the viability of the system through thorough financial sensitivity analysis
Underpinning Methodology
Our work is underpinned by the following:
- an understanding that we need to achieve buy-in for the new system to work
- we ensure understanding by conducting most of the work at the client’s sites
- that understanding and addressing implementation, transition and change issues is critical to success
We are confident that we can deliver the outcomes we promise and our clients are our best spokespeople for the outcomes we deliver with senior client referees provided as appropriate.
For more information on the impact of our previous assignments, see our client testimonials and our capabilities in this service area