A Comprehensive Analysis of Performance Mana...

A Comprehensive Analysis of Performance Management and Organizational Strategy

Author Name : Prof. Asmita Mathkari, Prof. Hemant Jadhav

ABSTRACT In today's dynamic business environment, the alignment between performance management and organizational strategy is crucial for sustained competitive advantage. This research paper examines the role of performance management in shaping and executing organizational strategy. The study explores various performance management systems (PMS), their components, and their effectiveness in driving organizational goals. Furthermore, it discusses the interrelationship between strategic planning and performance management, emphasizing how performance metrics guide decision-making processes. The paper also analyzes the benefits, challenges, and best practices of integrating performance management with organizational strategy to enhance productivity, innovation, and overall success.