About  

FCSL is a Financial Institution licensed by the Securities and Exchange Commission as Issuing House, Broker/Dealer and Supplemental Market Maker. The Broker/Dealer arm of the business is licensed to trade on the floor of the Nigerian Exchange Limited (NGX). The Company is also licensed to trade on the FMDQ platform as well as the NASD Exchange.

Established in 1994, the Company has been operational for almost 3 decades, providing share management, capital raising, investment, market research, analysis and advisory services in Corporate Finance, Equities and Fixed Income Markets to our diversified clientele. The Company is also positioned to serve foreign clients in and outside Nigeria as Nigerians in the diaspora

Requirement

To develop and Deploy a Revised Performance Management System Implementation Proposal  

 The Challenge

FCSL wishes to implement a revised performance management system which will create, motivate and sustain a performance culture in the organisation, and provide performance information on several defined activities of the organisation. This system when implemented is expected to create a basis for clearly defined performance expectations/goals across the Organisation, Departments, Teams, Structures and Employees and further create the basis for transforming the Organisation into a world-class institution.

The Solution

P4PE Institute is proposing to implement an adapted KPI model performance management system for the FCSL. This model will fully enable the organisation to achieve the following;

• Align the entire organisation and its Employees with its Mandate, Vision and strategic objectives
• Cascade down to all of the structures and levels and Job Roles
• Drive performance Culture, change in Orientation, Attitude and professionalism in the the way the Organisation is run and amongst the Employees
• Implement a sound performance planning and appraisal system that effectively commits Employees to goals and holds them accountable for results
• Focus on performance management as a process for achieving superior performance rather than just performance ratings and appraisals which are at best periodic and historic ratings of performance
• Provide proactive reports on the performance of individuals, teams, departments and the enterprise.
• More effectively link performance to a reward system that is clear, transparent and sufficiently motivating

The Result

• Strategic alignment of People, Processes, and Operations to corporate
• A reviewed Performance Management Policy, forms and documentation
• Clear Strategic Objectives for all departments and Units of the Organisation aligned to the corporate Strategic
• Link the Performance Management System to an Employee Performance Appraisal system
• Performance measurement and data collection system fully mapped into all targeted data warehouses and data sources within the Organisation
• Automated Performance Appraisals Reporting system.

Date & Duration

3 weeks