Contribution to Society
Table of contents Contents | Pages | 1.0 introduction | 2-3 | 2.0 overview of NHS Shetland | 3 | 2.1 NHS performance system | 4 | 3.0 overview of Biogen Idec Inc. | 5 | 3.1 Biogen Idec Inc. performance management system | 6 | 4.0 comparisons between NHS and Biogen performance system | 7 | 4.1 Weakness of both Performance management systems | 8-9 | 4.2 General summary of both performance approaches | 10 | 5.0 conclusion | 11 | 6.0 references | 12-13 | 7.0 appendixes | 14-15 |
1.0 Introduction:
Performance management strategy refers to a systematic approach which measures performance and development of individuals within an organization. The performance management strategy also manages individual’s activities to ensure that the strategy and vision of the organization is achieved (University, 2000). On the other hand, a strategic performance management system is a process which am organization takes place through the mission, strategy and objectives of the organisation to make it measurable by key performance indicators or by critical success factors. The main objective of a strategy for performance management is to corrective actions to keep the organisation on track and improve overall organizational performance (Welch, 2010). An integrated strategic performance management systems is involved several activities are presented in figure-1.
Figure-1: Integrated strategic performance management
Source: (ap-institute, 2011) The performance management system is important for any organization’s overall development because the process ensure all employees understand organization’s vision and goals and they work towards common goals where individual performance drives organizational performance (Martinez, 2000). It empowers employees to make clear understanding of job expectations and therefore the organization is benefited from efficient performance. A strategic performance approach checks regular feedback of
1.0 Introduction:
Performance management strategy refers to a systematic approach which measures performance and development of individuals within an organization. The performance management strategy also manages individual’s activities to ensure that the strategy and vision of the organization is achieved (University, 2000). On the other hand, a strategic performance management system is a process which am organization takes place through the mission, strategy and objectives of the organisation to make it measurable by key performance indicators or by critical success factors. The main objective of a strategy for performance management is to corrective actions to keep the organisation on track and improve overall organizational performance (Welch, 2010). An integrated strategic performance management systems is involved several activities are presented in figure-1.
Figure-1: Integrated strategic performance management
Source: (ap-institute, 2011) The performance management system is important for any organization’s overall development because the process ensure all employees understand organization’s vision and goals and they work towards common goals where individual performance drives organizational performance (Martinez, 2000). It empowers employees to make clear understanding of job expectations and therefore the organization is benefited from efficient performance. A strategic performance approach checks regular feedback of
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