1. Performance Agreement System
The NSK Group adopted a performance agreement system as a means of aligning the trajectories of the company's and individuals' goals. Employees meet regularly with their supervisors to set goals at the outset, verify interim progress, and conduct a results follow-up at the end. Further, NSK uses a questionnaire for providing feedback to employees as a means of checking that two-way communication is being achieved. NSK regards this system as an important key human resources development and has deployed it worldwide.
Table1: Results of the Performance Agreement System Questionnaire
(excluding managers)
2. Self-Reporting System
The NSK Group gives employees an opportunity to submit a self report directly to the Human Resources Department once a year, informing it of circumstances in their current workplace environment, their wishes concerning future work content, personal information that the company should know, and other concerns. Employees may have an interview with the Human Resources Department if they so desire. NSK makes strategic personnel transfers based on the outcome of the self report and interview in order to enable individuals to demonstrate their full abilities.