For PIF employees, individual objectives are a result of directly cascaded and derived objectives and KPIs.
Let’s look at this process in more detail to understand how these are determined.
We start with the PIF Vision and Mission, which form the foundation of our PIF Business Plan.
Individual objectives for employees are then derived from cascading relevant objectives and KPIs from the division level,
through the department and section levels, and ultimately to the individual level.
Individual performance objectives can be derived from direct cascading
or from functional statements and job descriptions for comprehensiveness.
As you can see, this is how the PIF vision translates into division and individual objectives.