1. What is Performance Management? 2. Why Performance Management is important? 3. Differentiate between Performance Appraisal and Performance Management? 4. How is Performance Appraisal linked to Performance Management? Management related to the organisation's Strategic Busin 5. How is Performance Obiectives SBOS?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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You have been hired as a Consultant by an organization to advise them on their Performance
Management (PM) System and how it is related to their Strategic Business Objectives (SBOs).
The Chairman of the Board of Directors or the superiors of your organization has asked you to
specifically advise them along the following lines: -
Transcribed Image Text:You have been hired as a Consultant by an organization to advise them on their Performance Management (PM) System and how it is related to their Strategic Business Objectives (SBOs). The Chairman of the Board of Directors or the superiors of your organization has asked you to specifically advise them along the following lines: -
1. What is Performance Management?
2. Why Performance Management is important?
3. Differentiate between Performance Appraisal and Performance Management?
4. How is Performance Appraisal linked to Performance Management?
How is Performance Management related to the organisation's Strategic Busin
Objectives SBOS?
5.
Transcribed Image Text:1. What is Performance Management? 2. Why Performance Management is important? 3. Differentiate between Performance Appraisal and Performance Management? 4. How is Performance Appraisal linked to Performance Management? How is Performance Management related to the organisation's Strategic Busin Objectives SBOS? 5.
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