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Performance Management Systems and Strategies by Dipak Kumar Bhattacharyya

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PERFORMANCE IMPROVEMENT THROUGH INNOVATION AND CREATIVITY

Innovation is another important tool for achieving business results. Innovation can encompass products/services, process, managerial styles, and even performance management systems. Innovation in performance management can be either technology push or demand pull. Technology push innovation in performance management indicates introduction of e-performance management systems for total transparency of information and enforcing control so that organizations can sustain the performance level. Many vendors now make available computer enabled balanced score cards, performance dash boards, etc. which can quickly assess the employees’ performance level and guide them to meet the shortfalls in ...

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