LO1

• Performance Management​


  involves much more than just performance appraisal​
• In combination, employees meeting their individual goals all contribute to an organization’s achieving its objectives
• cascading goals


  used to ensure line of sight between organizational objectives and individual work,
• linking up approach


  each unit and employee clearly links their goals to the organization’s objectives
• linking up approach


  may be faster than the cascading approach, and it allows for a more direct line of sight between the individual’s goals and the organization’s objectives, which may produce more meaningful and clearer goals.
• Balanced Scorecard


  integrates financial measures with other key performance indicators around customer satisfaction; internal organizational processes; and organizational growth, learning, and innovation.
• Balanced Scorecard


  Very popular approach
• Balanced Scorecard


  The performance measures, targets, and initiatives for each of these areas all align with the organization’s vision and mission to ensure that all aspects of the organization are moving forward together.