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Performance Management Systems and Strategies by Dipak Kumar Bhattacharyya

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STRATEGY REALIZATION: ESSENTIAL ELEMENTS THROUGH PERFORMANCE PLANS

Alignment of performance plans with the business goals of the organization starts when annual performance plans or work plans are drawn. Merely restating the organizational goals, without laying down the process of its measurement with reference to the performance goals, cannot truly help in strategic alignment of performance plans. It is necessary for the organizations to make use of certain metrics to determine the performance against the goals. Some of the suggestive line of actions for strategic alignment of performance goals is presented below:

  • Establish the job element that directly relates to the organizational goal and include clear, credible measures of performance quality, ...

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