Slideshare - Development and implementation of MBO and KPI systems in a bank
Pnmsoft
http://www.pnmsoft.com/resources/bpm-tutorial/key-performance-indicators/
ScoreBoard
More (KPI)
https://functionpoint.com/4-important-kpis-to-measure-in-your-ad-agency/
Collection of KPI system
More (OKR)
https://www.quora.com/What-is-the-best-way-to-offer-bonuses-or-commission-to-PR-agency-staff
There is a prominent saying “Hardwork Always Pay off”. I think it’s one of the best practice which Indian firms should start with.
The general exercise they follow is giving employee of the month & some voucher. Some concrete steps toward this needs to be implement.
One need to set the benchmark for an individual or a team. As it is not only individual who does the work, there is always a team effort behind a success. Also not create friction among the team is also what one should need to adhere.
Following could be the initiatives:
- An overnight stay as a reward
- Cash as a rewards
- Some uniqueness could be additional day off
- Some give away could be good options.