Objectives and Key Results for Higher Educational Institutions- A Blended Approachas Part of Post Covid-19 Initiatives for Keeping the Institutions Abreast of the Industry Innovations, Create Future Leaders and Build the Nation

There is an urgent need that the Higher Educational Institutes continuously enhance and advance its systems, in particular, whilst evaluating the performance in its entirety. There is a disproportionate upsurge in costs for providing excellent education however, there is a serious mismatch between the costs incurred and students' expectations as well as the industry. The orthodox and traditional model of appraising does not help the institutions or universities to meet the dynamic requirements of the business. It is essential that the Higher Education Institutions also develop a new-age performance management system similar to the industry to evaluate the available resources and assess the performance. The researchers here present performance management system Objectives and key results to abstract design and apply robust assessment strategies to test the performance of an institution, the faculty, the learning community, and other stakeholders or team involved in the system to align the objectives collectively to achieve the desired goal. Primarily, three and four objectives can be set up with four to five key results, in order, to signify each of the objectives. The Objectives and key results framework can be set up at several levels Individual, department, and Institution levels. The framework presented will enhance the efficacy of the institute and improves engagement, interpersonal relations, engagement at all levels, accountability, and cultural visibility. The suggested framework is believed to be not only improving the efficiency of the institution but also enhances communication, engagement, accountability, interpersonal relations, and cultural prospects.