performance measurement system
Not what you're looking for?
Your company has never used a formal performance measurement system. They have simply measured profits and paid people according to market conditions. Now they want to implement a base system-nothing elaborate, just the basics. The problem is that no one knows how to get started. As a manager you have implemented systems before, but never initiated a system. Your boss has asked you to do some research and help him draft an outline of questions for the senior management team to consider before designing a system.Write a recommendation to your boss on what questions you think are essential to address before committing to any kind of organizational performance measurement system.. No matter which approach you take, be certain to include a definition of performance measurement, and at least three different approaches to determining which option to take. Include a section on what problems you anticipate in rolling out a new performance-based plan.
Purchase this Solution
Solution Summary
Performance measurement system is discussed in great detail in this solution.
Solution Preview
Is there anyone who can help with this assignment? I have no idea how to even begin the process,
Your company has never used a formal performance measurement system. They have simply measured profits and paid people according to market conditions. Now they want to implement a base system-nothing elaborate, just the basics. The problem is that no one knows how to get started. As a manager you have implemented systems before, but never initiated a system. Your boss has asked you to do some research and help him draft an outline of questions for the senior management team to consider before designing a system. Write a recommendation to your boss on what questions you think are essential to address before committing to any kind of organizational performance measurement system.. No matter which approach you take, be certain to include a definition of performance measurement, and at least three different approaches to determining which option to take. Include a section on what problems you anticipate in rolling out a new performance-based plan.
Performance measurement refers to the building of quantifiable indicators that can be systematically tracked to assess progress made in achieving predetermined goals It means a system for appraising performance of employees against the actual objectives. Usually, there are benchmarks against which the ...
Purchase this Solution
Free BrainMass Quizzes
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.