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Performance Management Systems and Strategies
book

Performance Management Systems and Strategies

by Dipak Kumar Bhattacharyya
June 2011
Intermediate to advanced
378 pages
14h 11m
English
Pearson India
Content preview from Performance Management Systems and Strategies
DISADVANTAGES OF SPM
  • It causes too much internal competition.
  • There are too many performance indicators.
  • The performance information is too aggregated.
  • There is not enough strategic information in the system.
  • The performance indicators are too subjective and, therefore, unreliable.
  • There is too much historical information.
  • Stronger accountability.
  • Need for a broader set of measures of performance.
  • Better facilitation of cross-functional understanding.
  • Better goal setting.
  • Formalization of the strategic planning process.
  • Stronger individual accountability of employees.
  • Stronger commitment of top management.
  • Higher commitment to the strategy.
  • Handling the increase in complexity of the organization.
  • Better description of missions, strategies, and ...
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Publisher Resources

ISBN: 9789332503335