Difference: KPI is only a single management tool, while PBC is a combined management tool.
PBC integrates KPI, goal achievement, project management, competency evaluation and career development, and the evaluation content is more comprehensive. PBC has added the correction function of managers in performance evaluation, which is conducive to strengthening managers and ensuring the fairness and objectivity of evaluation. PBC strengthens the combination of post performance and organizational performance, and establishes the same stakeholders, which is conducive to the formation of team consciousness.
Matters needing attention in KPI application
When establishing key performance indicators, enterprises should also pay attention to selecting an appropriate number of key performance appraisal indicators. The selected key performance indicators should truly reflect the main (important) work content of employees, so as to prevent the performance standards from being set too high and unable to be realized, and prevent the performance standards from being set too low and losing the incentive effect of assessment.
Design supporting documents for key performance indicators. The so-called kpi supporting documents include kpi setting table, kpi execution tracking record table, failure analysis table, feedback interview table, statistical report, calculation formula and principle, evaluation cycle and a series of supporting documents. These supporting documents have played an important role in improving the effectiveness and intensity of kpi implementation.