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Organisational strategy plays an important role in the design, implementation and evaluation of performance management. It is imperative that the strategy permeates each division of the organisation to ensure that each individual knows what they need to contribute for the business to achieve its goals. The strategy which includes goals and culture, links each division using a balanced score card. ...
First of all it is important to define what organizational strategy and performance management mean. Organisational strategy encompasses the goals, mission, beliefs, and culture of the organisation. ... According to a number of articles Performance management deals with the individual level and looks at designing goals and required performance levels, measurements to evaluate performance, and reward systems to foster behaviours that are strategically focused (John S Oakland, 1999, p. ...
The major links between organizational strategy and performance management are the goals and vision of the organisation. Robert W Bradford’s viewpoint is that “Aligning everyone in your organization with your strategy is one of the most important things you can do beyond formulating and implementing great strategies.” He goes on to say that, with this alignment, management is capable of pushing the organisation in the direction of the vision (2002, pp 2-3). ... Willis agrees with this when explaining that the goals of the organisation should play an important role in setting performance management strategies as they will ultimately shape the behaviour and the culture of the individuals (2001, p54). Some would argue that the Balanced Scorecard model fails to deal with performance management on an individual level.
Approximate Word count = 1275
Approximate Pages = 5.1
(250 words per page double spaced)
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