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

Prepare a strategic plan for the company, Problem: You have just been n...

Problem: You have just been nominated at the head of an IT firm and your first assignment is to prepare a strategic plan for the company. a) Give a brief overview of your

Research has identified general strategies for overcoming, QUESTION 1 I...

QUESTION 1 Individuals at all levels are prone to resisting change. What are the five main reasons why individuals resist change? QUESTION 2 Research has identified six

Explain about residual income, Q. Explain about Residual income? Residu...

Q. Explain about Residual income? Residual income is profit earned by a division less a "notional interest charge" for investment of finance within it.

Feedback control - appraisal, Feedback is a process where part of the outpu...

Feedback is a process where part of the output of a system is measured and returned as input to regulate the systems further output.   Feedback normally involves gathering informat

Future organisation strategy, The company is now aggressively working towar...

The company is now aggressively working towards being the largest retail chain in the country and also being first in profitability.  At the same time the company is exploring maki

What do you mean by dual pricing, Q. What do you mean by Dual pricing? ...

Q. What do you mean by Dual pricing? Dual transfer pricing means setting one transfer price for the internal seller and another transfer price for the internal buyer.  The basi

Strategic inflection points, It is the times in the life of a business or a...

It is the times in the life of a business or a person when fundamentals are about to be change.

Show the advantages of reward systems, Q. Show the Advantages of reward sys...

Q. Show the Advantages of reward systems? ¸  Motivation can be heightened e.g. performance enhanced if paid by results. ¸ can inspire creativity e.g. bonuses paid for staff

Preliminary investigation - knowledge management technique, Tatra is the wo...

Tatra is the world's third oldest car company, and produced a number of rather advanced streamlined cars during the course of its production run. Because spare parts and manuals ar

Free cash-flow valuations, Q. Free cash-flow valuations? Earnings creat...

Q. Free cash-flow valuations? Earnings create dividends for shareholders. In theory the value of a company is the value of the company's future earnings, discounted at a rate,

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