In four interdisciplinary teams from the Business Psychology and Business Studies degree programs, 20 Bachelor students and international exchange students developed proposed solutions for the Electrified Motion division of Robert Bosch GmbH during the summer semester of 2024. On April 12, 2024, the project kick-off workshop took place at the company's site in Schwieberdingen near Stuttgart. The students were given an on-site introduction to Robert Bosch GmbH and the Electrified Motion division, to which Bosch's electrified drive technology will be assigned in the future. The students first learned about the product portfolio and then received an introduction to the four project assignments they would be working on during the semester.
Over the course of the semester, the students carried out research, created benchmarks, conducted expert interviews and developed concepts and proposed solutions in consultation with the company's project supervisors.
The four project teams presented their results on June 21, 2024. The students had developed a variety of innovative solutions that covered the areas of
- Key Performance Indicator Management (KPI),
- strategy alignment,
- feedback and performance assessments
- as well as the use of AI.
The practical project work was enriching for the students and gave them the opportunity to apply their knowledge from their studies to real-life issues.
What is a performance management system?
A performance management system (PMS) is a structured system that helps companies to improve the performance of their employees and achieve their goals.It includes evaluation processes, feedback mechanisms, development plans and individual goals that are aligned with the company's objectives. It includes evaluation processes, feedback mechanisms, development plans and individual goals that are aligned with the company's objectives.
The system aims to promote employees' strengths, address weaknesses and enable continuous development. To this end, it measures employees' performance based on feedback and provides them with the tools they need to improve their performance.
