What is performance pyramid, Strategic Management

Assignment Help:

Q. What is performance pyramid?

The performance pyramid 

Like the balanced scorecard or 6-dimensional performance matrix, the performance pyramid is a multidimensional model developed by McNair et al (1990).   In comparison the performance pyramid does apply performance measurement better to the 'chain of command' e.g.  The lines of authority and responsibility, by which decisions are passed along. Levels of hierarchy or scalar chain exist in order to cascade decisions, instructions, plans and objectives, often top-down within the organisation.

1805_What is performance pyramid.png

  • Corporate objectives e.g. improve shareholder value.
  • Business unit objectives e.g. measures for 'results' framework of financial and competitive (market) for every division.
  • Business operating systems (processes) and departments e.g. measures for the key business operational activities of the organisation, such as efficiency, productivity, resource utilisation, customer satisfaction, complaints, quality or flexibility. On a daily basis operational level other measures involve lead (cycle) times, delivery times, absenteeism, staff turnover, rejects and wastage levels.

Related Discussions:- What is performance pyramid

Explain operating profit margin - performance ratios, Q. Explain Operating ...

Q. Explain Operating profit margin - performance ratios? Operating profit mar =              (PBIT / Turnover) x 100% This is the ratio of operating profit to sales or turno

Explain the portfolio approach to strategic analysis, Question 1 Explai...

Question 1 Explain the Portfolio Approach to Strategic Analysis and discuss its limitations. Question 2 Write short notes on each of the following (questions carry equa

Strategic planing, do all organisations need strategic plans

do all organisations need strategic plans

Mission statement, Craft a mission statement for agro based organization wh...

Craft a mission statement for agro based organization which makes it eligible for expansion

What is performance pyramid, Q. What is performance pyramid? The perfo...

Q. What is performance pyramid? The performance pyramid  Like the balanced scorecard or 6-dimensional performance matrix, the performance pyramid is a multidimensional mo

Improve the maintenance strategy in industries, Question: (a) Define ...

Question: (a) Define the term ‘Maintenance'. How does it differ from strategic maintenance? Explain, briefly, the meaning of Maintenance Mix and state how it can be develope

Nano Manufacturing, I need a project and summary of Nano Manufacturing pape...

I need a project and summary of Nano Manufacturing papers, please let me know how much cost it is? i need paper for my final year exam. I would like to finish my Nano Manufacturing

Formulate a corporate level strategy, For your first assignment you describ...

For your first assignment you described the recent macro and micro scale developments of the sector you are or would like to be in.  Now select a prominent company (it can be eithe

Strategy, explain strategy as an organisational process

explain strategy as an organisational process

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd