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Using Performance Management Systems

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Do performance management systems usually measure the right things? How can performance management systems encourage performance that is more consistent with long-range rather than short-term issues?

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Solution Summary

To be successful, organizations must utilize the correct performance management systems. This solution offers a brief overview of two systems.

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Performance management systems focus on two measures:

1) Results: These can be referred to as the company's competitiveness. It is considered long-term. It is what the company wants to achieve in the long run. For example, a company that wants to remain highly competitive will ...

Solution provided by:
Carmel Philistin, MBA/HCM
Education
  • BA, Brooklyn College
  • MBA/HCM, Phoenix University
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