SIMA (case study 7).docx - PERFORMANCE PYRAMID Performance pyramid describes that the organization is operating at a different level Each of the levels

SIMA (case study 7).docx - PERFORMANCE PYRAMID Performance...

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PERFORMANCE PYRAMID Performance pyramid describes that the organization is operating at a different level. Each of the levels has a different concern which should nevertheless in achieving business objectives. This concept also believes that the business strategy link with day to day operations. Besides that, the performance pyramid believes that the traditional performance management focuses mainly on financial performance which is not tied the organization operation to its business strategy. The following is the graph of the performance pyramid. At the top level, which is the corporate level, the objective of the organizations has been developed where the financial objective and market objective is set. For example, the corporate objective of the organization related to market is to be the market leader in market share, and the corporate objective of the organization relate to the financial indicator is to increase share price 5% every year. The organization may have many other corporate objectives related to finance
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and market. Performance pyramid philosophy believes that this corporate objective could be
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  • Fall '14
  • dr.ian

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