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Performance Measurement vs Performance Management

   

Added on  2023-01-11

8 Pages558 Words74 Views
Data Science and Big Data
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Business Analytics
TASK -3
Performance Measurement vs Performance Management_1

Performance measurement vs Performance
management
• Performance measurement :
• It refers to quantitative indicator which help to track the progress
against the strategy.
• This includes financial, customer, process and people measures.
• This also includes the essential feedback to improve decision making
in the firm at all level such that strategic, operational and individual
level.
Self-
assessmen
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Continuou
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Performance Measurement vs Performance Management_2

Continue...
• Performance management
• It is the process which help to ensure that all the activities and outputs are meet an
organization’s goals in order to attain the define aim and objectives.
• It also focus in the performance of company in place to manage the particular
task.
• This is also run under the three stages such that coaching, corrective action and
termination
Performance Measurement vs Performance Management_3

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