TAILIEUCHUNG - Lecture Performance management: Session 5 - Osman Bin Saif

Chapter 5 - measuring results and behavior. In this chapter, the following content will be discussed: Creating competitive advantages. After reading this chapter, you should be able to: the importance of developing forecasts of the business environment; why environmental scanning, environmental monitoring, and collecting competitive intelligence are critical inputs to forecasting; why scenario planning is a useful technique for firms competing in industries characterized by unpredictability and change;. | HRM-755 PERFORMANCE MANAGEMENT OSMAN BIN SAIF Session: Five 1 Summary of Previous Lecture Performance management Process Components of PMP Performance Execution Performance Assessment Performance review Performance renewal and Re-contracting 2 Agenda of Today’s Lecture CHAPTER 3 Performance Management and Strategic planning Purpose of strategic planning Why strategic planning- need Process of linking performance management to the strategic planning Successful strategic plans Environmental Analysis External factors – Environmental Analysis 3 CHAPTER 3: Performance Management and Strategic Planning “Strategy is a style of thinking, a conscious and deliberate process, an intensive implementation system, the science of insuring future success”.----PETE JOHNSON 4 Definition and purpose of strategic planning Strategic planning is a process that involves describing the organizations destination, assessing barriers that stand in the way of that destination, and selecting approaches for .

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• Performance management
• Lecture Performance management
• Comparative Systems
• Performance management system
• Individual performance
• Organizational performance