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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.
Advantages of divisional structures - Quicker decision making e.g. autonomous divisions do not have the long-winded process of a long chain of command when making competitive d
Why are Crafting & Executing Strategy Important? 1. Crafting & executing strategy are the top managerial tasks for two very large motives:- (a). Here, compelling requirem
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EIGHT STAGE PROCESS
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Q. Disadvantages of divisional structures? - As the complexity and diversity of products and markets within the group increase, central coordination by a head office or holding
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