Linking strategy with prformance management

BHARWANI, MIKE

Linking strategy with prformance management - 2012 - 900-902

Performance management has evolved over the years from generic business plans with yearly financial tergets to having these encompassing a broader spectrum of non financial goals linked to strategy. The concepts of keeping sight of objectives andthereby aviod being stuck with fire fighting and only managing daily activities received managers attention with the introduction of management by objectives (MBO), which was conceived by Peter Drucker back in the nineteen sixties.

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