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Performance
Management Can Help Your Company |
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Two Components
of
Productivity |
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1. Product
quality
2.
Output per worker
The basic
operating principle of the
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Continuous Improvement
Firm
 (CIF) is that improvements in product quality
often produce simultaneous reductions in cost.
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Kaizen Culture:
8 Key Elements
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Implementing Kaizen:
7 Conditions |
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Performance Management
Defined
According to the Institute of the Performance
Management, "Performance management is the integrated process of
objective
setting, appraisal and
pay determination which supports the achievement of the company's
business strategies. At an individual
level it will result in action plans related to performance improvement,
career development and training."
Benefits of an
Effective Performance Management System
Performance management allows you turn data
into
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profitable
action more effectively and faster. It allows you
create greater value
for all stakeholders and
outperform your competitors...
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Innovation Performance Management
Develop innovation
strategies, create a corporate
innovation system,
train to-be innovators, and make
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innovation
part of the performance review process...
More
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Value Innovation:
Yin-Yang Strategies
Manage for Results
To achieve
results, you
should develop a solid, sound,
customer-focused, and
entrepreneurial strategy, based on
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innovation
,
aimed at market
leadership, and tightly focused on decisive opportunities...
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Be the Best Possible
Good enough seldom is. Organisations
that are continually productive and profitable incessantly strive for
quality and excellence...
More
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Employee Performance Review: 5 Benefits
Service Profit Chain
Pay due attention to
managing your
service-profit
chain that links your
employees and customers. It helps you create a
customer-focused
culture and leverage your
corporate performance
...
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Build Trust to Improve Performance
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Trust – both between
individuals and
organizations – is at the core of today's complex and rapidly changing
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knowledge economy.
It is the mutual bond of trust
that acts as the catalyst that creates high performance...
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Resolving Conflicts in Business
Resolving conflicts between management and employees, between
business partners,
between sellers and
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customers
and so on is an important part of performance management activities...
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Dynamic Business Models
Today,
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Business Models
have shorter shelf life.
Customer loyalty is fading. Keep reinventing the ways of
creating
customers.
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Constantly
reassess your past decisions and attempt to
discover,
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create
and
implement new models and dynamic
strategies if you hope to survive and
grow...
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