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

Identify and critically analyse fundamental issues r, identify and critical...

identify and critically analyse fundamental issues related to strategic management. Undertake a study that shows clear evidence of synthesis and evaluation

Management, What can middle managers do to moderate the distortions introdu...

What can middle managers do to moderate the distortions introduced by such biases?

Assessing the suitability of a strategy concerns, Whether, a strategy addre...

Whether, a strategy addresses the circumstances in which an company is operating

Execution schedule for an organisation''s e-strategy, 1 - Assess the resour...

1 - Assess the resource needs for executing an e-strategy in an organisation. 2 - Develop an execution schedule for an organisation's e-strategy. 3 - Assess how existing busi

Prepare a complete training plan, The M.V Star of the orient is a 14,000 to...

The M.V Star of the orient is a 14,000 ton-cruise ship that was built in 1977. The ship is Greek-registered and Hong-Kong owned. The ship spent the ten years prior to 1989 cruising

Market segmentaion, how to write an assignment on market segmentaion

how to write an assignment on market segmentaion

GE matrix, Characteristics of each component of GE matrix

Characteristics of each component of GE matrix

Management and Strategy, #quesWhat features of Johnson & Johnson''s "Our Cr...

#quesWhat features of Johnson & Johnson''s "Our Credo" made it so effective in guiding J&J''s response to the Tylenol tampering crisis? Where was J&J''s "Our Credo" in the run-up t

Student, explain the role of communication in strategy implementation

explain the role of communication in strategy implementation

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