This report examines performance management, focusing on its general framework and various components. It analyzes Management by Objectives (MBO), the review and agree process, and 360-degree feedback, highlighting their strengths and weaknesses. The report also explores team cohesiveness, both in cohesive and non-cohesive teams, and their impact on organizational performance. Furthermore, it discusses performance management from a control theory perspective, emphasizing the role of organizational structure, performance measurement, and behavioral controls. The Balanced Scorecard approach is also evaluated, detailing its four perspectives: financial, consumer/stakeholder, internal process, and organizational capacity. The report concludes by summarizing the key findings and the relevance of the balanced scorecard in enhancing performance management within organizations, referencing the control theory and providing a fair and proper feedback to employees regarding their current performance.
![[object Object]](/_next/static/media/star-bottom.7253800d.svg)
