A Study On Fujian Tobacco Company's Performance Appraisal System Based On The KPI Management

Tobacco is a special monopolization trade, the former performance appraisal system in this trade is focus on the financial index which is easily operated and calculated. This method leads to the recognition of the short-term financial benefits and the ignorance of the long-term development of the company. However, joining the WTO, Chinese tobacco trade faces the strong competition of international tobacco magnates, so it is very exigent to establish the modern corporation system, perfect the configuration of corporation management. It is the demand of the development of tobacco trade; it is the demand of establishing and perfecting the modern tobacco industry system. In order to construct the modern corporation system, it is essential to construct a scientific and correct performance appraisal system. It is helpful to the decision-makers to understand the corporations impersonally, fairly and correctly.This article discusses the establish the performance appraisal system based on the KPI management, we establish the integrated index system which includes the financial index and non-financial index, and we make use of the system to track the performance level. We choose the KPI which is accord with the"SMART"principle.The main thread of this article is to introduce the backgrounds of the theme and the limitations of the former system, discuss the new thought of performance appraisal system. First of all, draw up the project for the performance evaluation, secondly, design the assessing system, divide the Fujian tobacco performance appraisal system index into main financial index, secondary financial index, function management index, these three indexes are level one. Main financial...