Company A Strategy-oriented Performance Management System

More and more organizations today face a dynamic and competitive environment that, in turn, requires these organizations to focus on business strategy and strategic human resource management The major purpose of this study is to emphasize performance management in its role as an effective mechanism for mentoring and controlling strategy implementation and as the core and basis of human resource management Recognizing that performance management is essential to attaining a competitive advantage in today's environment, a strategy-oriented performance management model, including five essential parts, namely performance objective system, performance index system, performance management process, performance regulation design and implementation, is presented and discussed in detail on the basis of the latest performance evaluation performance evaluation performance evaluation performance evaluation performance evaluationperformance management theories and tools such as the BSC, MBO and the skills of CSF, KPI , etc Empirical research, besides theoretical analysis, is used in this thesis One hi-tech enterprise, as a sample, is just in a strategic reform period with many traditional management problems, which are mainly caused by the out-of-date performance management system This thesis then states the detailed applications of performance management in the enterprise associated with specific business strategies to construct a new basis of human resource system With the results coming out from implementation of the strategy-oriented performance management and other associated policies, the thesis addresses the outstanding function of effective performance management and the six key determinants in process With the above-mentioned statements the paper draws a conclusion that strategy-oriented performance management mechanism fully ensures the enterprise to raise efficiency and successfully implement strategy in the keen competition...