Unique and innovative HR policies of Haier -- Which are- 1-race track model of recruiting and promotion. 2-Ways to apppraise high performance manager and how to deal with low performance managers. 3-Daily OEC management evaluation of factories workers. 4- 6 S footprints on factory floor. 5- 80-20 management responsibility principles. 6- Individuality monthly SBU profit and loss statement for each employee. 7- SST market chain based compensation system [FIGURE 1 OMITTED] PERFORMANCE-MANAGEMENT SYSTEM Haier's performance-management system consists of: * Daily OEC management evaluation of factory workers, * 6S footprints on the factory floor, * Racetrack model of recruiting and promotion, * 80-20 management responsibility principle, * SST market-chain-based compensation system, * Ways to appraise high-performance managers and how to deal with low-performance managers, and * Individual monthly SBU profit and loss statements for each employee. Evaluating Fac...
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