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Performance Measurement Business Assignment

Added on - 06 Jun 2020

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Essay on Organisational PerformanceMeasurement
Table of ContentsIntroduction and Overview.............................................................................................................3Demonstration of Knowledge Theory and Models.........................................................................3Development of Answer in Response to the Scope of the Question/Conclusion............................6Conclusion......................................................................................................................................7REFERENCES................................................................................................................................8
Introduction and OverviewIn present business environment, an organisation can not sustain or survive if theemployees are not able to effectively and accurately accomplish his or job roles. An organizationmay have some products and services that are important for the daily activities but if thecompany does not have effective workforce or human resources to complete the various businessfunctions it can not be successful. Therefore, it is very essential for a company to develop andutilize effective measure to analyze and monitor the performance of the employees so that thebusiness can achieve its goals and objectives effectively and efficiently. The OrganizationPerformance measurement is a very important approach that assist an organisation to track theprogress of the employees as well as any undergoing project. This is essay is in context to thenature and understanding the organizational performance measurement. The essay will discussthe importance of organizational performance management and the various models or theories ofknowledge demonstration will be described in the following essay report.Demonstration of Knowledge Theory and ModelsThere are various theories and models used for measuring or managing the performance of theemployees working in an organization, these models and theories are as described below -Burke- Litwin change model– The model of performance measurement was developedin the year 1992 by two business change consultants. This model is used in order todetermine the components parts of an organisation and to understand the relation amongeach other during a time of change. The most common reason for a change initiativefailing is each and every area within an organisation is affected by a change are not at allaccounted for. Hence, implementing this model the organisation can identify the areas ofthe business which are getting affected and the relation between them. This model helpsto understand the effect of change on the performance of the employees working in anorganisation or business and also measure the change in performance due to the change inthe business environment(Buckingham and Goodall,2015).Balance scorecard– The Balance scorecard model is very essential approach for themanagers in achieving competitive advantage, in present world the organizations arecompeting into a tangled and intense environment where determining the organizationalgoals and objectives as well as the ways they can be achieve. The Balance scorecardtranslates the organizational mission and plans into a set of indicators that provide a
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