Performance management usually refers to activities carried out by people / organisations to ensure that the way that assets are deployed provide as good a result as is possible this is a rather unhelpful definition i know, but is reasonably comprehensive - for it to make sense in any particular instance you have to become clearer about what specifically is referred to by some of the. An answer lies in using the balanced scorecard many organizations struggle with performance management because their system consists of little more than a form managers use to conduct annual employee evaluations.
The balanced scorecard philosophy need not apply only at the organizational level a balanced approach to employee performance appraisal is an effective way of getting a complete look at an employee's work performance, not just a partial view.
Guide to a balanced scorecard:performance management methodology moving from p erformance measurement to p mance management this method was found to lack a focus on the outcomes of the processes used and largely ineffective in obtaining dramatic and sustained improvements in the quality of the operations.
The balanced scorecard - is it a performance measurement system or strategic management system please share your views follow upvote report question comments (0.