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Performance Management
Performance Management Defined
Performance Management is a methodology that:
- guides and enables the organization to carry out its mission, vision, and values
- uses the Balanced Scorecard to define strategic linkages to integrate performance across
organizations.
- communicates the strategy to a business unit, joint venture, or shared service.
- uses the Balanced Scorecard to develop performance measures for financial, customer,
internal processes, and growth and learning to align employees with the strategy
- aligns everyone within an organization so that all employees understand how what they do
supports the strategy
- provides feedback to senior management if the strategy is working
- shows where the gaps are between targets and actuals
- develops action plans to achieve targets
- uses activity based costing to better understand customer, product, service, channel
profitability in order to achieve targets
- uses Activity Based Management, Process Management, and TQM to achieve targets
- ties compensation into action plans and performance measures
Contact John Antos at 972.980.7407 or Contact Us
to find out how we can create value for your organization.
to find our how our value creators can improve your performance.
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