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EFFECTIVE PERFORMANCE MANAGEMENT
Author(s) -
Srinivas Srikanth
Publication year - 2009
Publication title -
journal of business logistics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.611
H-Index - 79
eISSN - 2158-1592
pISSN - 0735-3766
DOI - 10.1002/j.2158-1592.2009.tb00113.x
Subject(s) - agile software development , analogy , computer science , prosperity , point (geometry) , plan (archaeology) , variation (astronomy) , consistency (knowledge bases) , business , process management , risk analysis (engineering) , marketing , operations management , economics , artificial intelligence , linguistics , philosophy , physics , geometry , mathematics , software engineering , archaeology , astrophysics , history , economic growth
The synergistic effect of holistically addressing all of the variables highlighted by this article will result in organizations consistently reaching their intended destination. Skipping steps creates the illusion of speed, but rarely results in progress. While effective performance management is incredibly difficult, it is also critical to an organization's survival and prosperity. Systematically addressing these critical success factors will ensure consistency and success:1 The starting point—A clear, objective understanding of current reality, as it is . 2 The destination—A clear point of view on where you want the organization to be, taking the current realities into account. 3 The path—A growth plan that will take you from the current reality to the intended destination. 4 Variation—A culture and system that expects variation, distinguishes between noise and signal, ignores the noise, and acts on the signals. 5 Agile Course Correction—A strong foundation that increases the number of course correction opportunities dramatically. 6 Alignment—Ensuring that everyone works towards the same destination.The article uses a flight analogy to explain each of these critical variables.