Concept of management by objectives, HR Management

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Question 1:

(i) Clearly describe the following uses of Performance Management in an organisation

(a) as a diagnosis
(b) for managing continuous improvement
(c) for monitoring strategic effects

(ii) Unfair performance management has several consequences within an organisation vis-a-vis employees. Clearly describe three of these consequences

Question 2:

"Balance Score Card is a new approach to strategic management". What are the processes involved in this new approach?

Question 3:

What have been the reasons behind the introduction of performance related pay in most organisations?

Question 4:

The concept of Management By Objectives is based on three basic foundations. Clearly elaborate on these.


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