South Korea has launched a 150-member fiscal project performance evaluation panel to review over 2,700 government projects in four months, shifting to an expert-driven, objective assessment system with results to impact the 2027 budget.
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#FiscalProject #PerformanceEvaluation #MinistryOfEconomyAndFinance #Budget2027 #WooSeokJin
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102461
Fiscal Project Performance Evaluation Panel Launched—Over 2,700 Projects to Be Reviewed in Four Months

South Korea has launched a 150-member fiscal project performance evaluation panel to review over 2,700 government projects in four months, shifting to an expert-driven, objective assessment system with results to impact the 2027 budget.

Yonhap Infomax
South Korea will overhaul its fiscal project evaluation system by introducing an integrated assessment panel, directly linking results to budget allocations and enhancing transparency and accountability in public spending.
#YonhapInfomax #FiscalProject #PerformanceEvaluation #BudgetAllocation #MinistryOfEconomyAndFinance #ExpenditureRestructuring #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102184
Government Unifies Fiscal Project Performance Evaluation Under 'Integrated Assessment'—Directly Linking Results to Budget Allocations

South Korea will overhaul its fiscal project evaluation system by introducing an integrated assessment panel, directly linking results to budget allocations and enhancing transparency and accountability in public spending.

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South Korea’s industry minister has sharply criticized Korea National Oil Corporation over promotions tied to its failed ‘Whale’ gas project, demanding swift organizational reform and transparency.
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https://en.infomaxai.com/news/articleView.html?idxno=99410
'Whale' Project at Korea National Oil Corp. Faces Renewed Criticism—Industry Minister Kim Jung-gwan 'Surprised by Promotions of Those Responsible'

South Korea’s industry minister has sharply criticized Korea National Oil Corporation over promotions tied to its failed ‘Whale’ gas project, demanding swift organizational reform and transparency.

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The South Korean government will increase the weighting for safety and climate change in public institution evaluations, introduce separate assessments for institution heads, and add incentives for AI-driven innovation and workplace safety, with changes effective for 2025.
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https://en.infomaxai.com/news/articleView.html?idxno=84089
Government Expands Safety and Environmental Weighting in Public Institution Management Evaluations—Introduces Separate Assessment for Institution Heads

The South Korean government will increase the weighting for safety and climate change in public institution evaluations, introduce separate assessments for institution heads, and add incentives for AI-driven innovation and workplace safety, with changes effective for 2025.

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How many times have you seen "successfully support <insert milestone here> for <insert project here>" as a performance goal line item. It's moronic.

#Management #PerformanceEvaluation #HR

https://chowspecial.blogspot.com/2024/01/project-success-does-not-equate-to.html

Project Success does not equate to Individual Success in Performance Goals

Successfully support the <milestone> for the <project name> Many managers use this boilerplate performance goal for just about any employee....

5/5 I was also struck by our discussion about possible approaches. He was really listening, being supportive. I raised the possibility of an open letter to the team. I shared that I’d had 1:1 chats with sone team mates and that I’d been surprised to learn about others’ challenges. This reinforces my feeling that transparency is the best policy. Whatever our choices it leads to better outcomes.

#ActuallyAutistic #AuDHD #workplace #PerformanceEvaluation @actuallyautistic

4/5 In some areas, especially at home, I’m not catching up the way I might normally. It really bothers and #concerns me.

So while another round of yearly reviews is done and the outcome is good, it still surprises me a little each time. I’d like to sync up my self-reflection of my performance with what others see. I would like to restore the #resilience I have managed in the past.

#ActuallyAutistic #AuDHD #workplace #PerformanceEvaluation @actuallyautistic

2/5 To his credit, my manager stuck with job performance and benefit to the organization in writing his notes. As we reviewed his feedback, I was determined to add context and offer how certain benefits are influenced by my #adapting to my AuDHD. I was upfront about some of my #challenges and where I have to find ways to try and work past them as I’m getting things done.

#ActuallyAutistic #AuDHD #workplace #PerformanceEvaluation @actuallyautistic

3/5 Part of me is actually surprised at how others evaluate my #performance when I know how much of a serious #struggle some of it is, especially #ExecutiveFunction.

These #COVID19 years and working through some of my son’s struggles have take a real toll on me. I shared about my seeking help with that.

#ActuallyAutistic #AuDHD #workplace #PerformanceEvaluation @actuallyautistic

1/5 I mentioned recently that I was doing my annual self-evaluation at work. Normally this triggers my #anxiety and #DemandAvoidance. And I guess the latter happened. This time I got into “fuck it” mode and just did my #narrative thing. What was new is that I injected context around AuDHD and how it expresses for me. #Burnout. Anxiety. Demand avoidance. Social awkwardness.

#ActuallyAutistic #AuDHD #workplace #PerformanceEvaluation @actuallyautistic