Executive Performance Review Template for Australia

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Key Requirements PROMPT example:

Executive Performance Review Template

"I need an Executive Performance Review Template for our ASX-listed mining company that emphasizes ESG metrics and international operations, with specific focus on safety performance and indigenous engagement targets for our C-suite reviews in 2025."

Document background

The Executive Performance Review Template serves as a standardized framework for evaluating senior leadership performance within organizations operating under Australian jurisdiction. This document is typically utilized annually or bi-annually to assess executive performance against predetermined metrics, strategic objectives, and leadership competencies. It ensures compliance with Australian employment legislation, including the Fair Work Act 2009 and various anti-discrimination laws, while incorporating best practices in corporate governance. The template includes sections for objective setting, performance measurement, development planning, and formal documentation of the review process, making it suitable for organizations of various sizes and sectors.

Suggested Sections

1. Employee Information: Basic details including name, position, department, review period, and reporting relationships

2. Review Purpose and Process: Overview of the performance review's objectives and the evaluation process

3. Performance Metrics: Key performance indicators (KPIs) and objectives against which the executive is evaluated

4. Leadership Competencies: Assessment of leadership capabilities, including team management and strategic direction

5. Business Outcomes: Evaluation of concrete business results and achievement of organizational goals

6. Stakeholder Management: Assessment of relationships with key stakeholders, board members, and external parties

7. Development Goals: Future-focused section on professional development and career progression

8. Overall Rating: Summary evaluation and final performance rating

9. Acknowledgment and Signatures: Space for reviewer and executive signatures, dates, and comments

Optional Sections

1. 360-Degree Feedback Summary: Include when comprehensive feedback from multiple stakeholders is part of the review process

2. Compliance and Risk Management: For executives with significant compliance responsibilities or in heavily regulated industries

3. Innovation and Change Management: For organizations undergoing transformation or where innovation is a key priority

4. Environmental, Social, and Governance (ESG) Goals: For organizations with strong ESG focus or listed companies

5. International Operations: For executives managing cross-border operations or international teams

6. Crisis Management Assessment: For evaluating performance during significant organizational challenges or crisis periods

Suggested Schedules

1. Schedule A - KPI Metrics and Calculations: Detailed breakdown of KPI formulas, targets, and measurement methodologies

2. Schedule B - Bonus/Incentive Calculations: Framework for calculating performance-linked compensation

3. Schedule C - Development Plan Template: Structured template for documenting agreed development actions and timelines

4. Appendix 1 - Competency Framework: Detailed description of leadership competencies and their assessment criteria

5. Appendix 2 - Performance Rating Scale: Detailed explanation of rating categories and their definitions

6. Appendix 3 - Previous Year's Goals: Record of goals set in previous review period for progress tracking

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Financial Services

Technology

Healthcare

Manufacturing

Mining and Resources

Professional Services

Retail

Telecommunications

Education

Energy

Construction

Transport and Logistics

Government and Public Sector

Not-for-Profit

Relevant Teams

Human Resources

Legal

Board of Directors

Executive Leadership

Corporate Governance

People and Culture

Talent Management

Performance Management

Organizational Development

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Chief Technology Officer

Chief Marketing Officer

Managing Director

Executive Director

General Manager

Division Head

Regional Director

Vice President

Senior Vice President

Department Director

Executive Manager

National Manager

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Authors

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