Organisational Performance Measurement

Running head: ORGANISATIONAL PERFORMANCE MEASUREMENT
ORGANISATIONAL PERFORMANCE MEASUREMENT
Name of the Student
Name of the University
Author Note

1ORGANISATIONAL PERFORMANCE MEASUREMENT
Table of Contents
Introduction..........................................................................................................................2
Discussion............................................................................................................................2
Importance of performance management........................................................................2
Goal setting theory...........................................................................................................3
Expectancy theory...........................................................................................................4
Conclusion...........................................................................................................................5
References............................................................................................................................6

2ORGANISATIONAL PERFORMANCE MEASUREMENT
Introduction
The performance measurement within an organization is one of the fundamental blocks
that constitute the total quality management or a the TQM within an organization. This in turn
helps in the maintenance and the formation of an organization that maintains the total quality
(Van Dooren, Bouckaert and Halligan 2015). The performance within the company was
measured through the financial factors and that included the profit gained by the organization
which marked the success of the company as well as the liquidation that might be faced by the
concerned company leading to the failure of the company (Kearney 2018). the following paper
attempts a discussion on the issue of considering the measurement of the overall performance of
the company to be the stepping stone of the analysis of the performance of the organization as a
whole.
Discussion
Importance of performance management
The measurement of the performance of the company as a whole is beneficial to the
company in a varied number of ways. The measurement of the performance of the company
helps in the identification as well as the tracking of the progress made towards the goals that are
set by the concerned organization (Mone and London 2018). The performance management is
also known for the identification of the various opportunities that are presented by the
management of the concerned organization (Shields et al. 2015). The measurement of the
performance within the organization further helps in the comparison that exists within the
internal as well as external standards that are maintained by the concerned company in
discussion (Ahmed et al. 2016). The reviewing of the organizational performance is also
necessary since it assists the concerned company to direct the several strategies and the activities