...1.1 Describe the purpose of performance management and its relationship to business objectives. Performance management can be defined as “a continuous process, which contributes to the effective management of individuals and teams in order to achieve high levels of organisational performance. As such, it establishes shared understanding about what is to be achieved and an approach to leading and developing people which will ensure that it is achieved” (Armstrong & Baron, 2014). Performance management should be implemented as a strategy which can relate to all aspects of the organisation and it should run in parallel to the organisations HR policies, culture, style and communication infrastructure; hence why it will vary from business to business. When managing performance it should be taken into account that it can often be a complicated notion, and sometimes difficult to measure. Campbell 1990 suggested that performance is the outcome of three determinants: 1. Declarative knowledge 2. Procedural knowledge and skills 3. Motivation Therefore then assessing and rewarding performance a number of different factors will have to be taken into account including both outputs (results – i.e. turnover figures etc.) and inputs (behaviours – i.e. motivation). Effective performance management will ensure that employees working for the organisation will be aware of what the business aims to achieve and their role in helping them achieve these goals. It should also let them...
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...Director, ASEI Sahba Sobhani, Programme Advisor Private Sector BPPS, UNDPASEI Project Team: Mary Grace Santos, Lead Consultant Lorenzo Cordova, Jr., Environmental Impact Specialist Marcos Perez, Jr. Social Impact Specialist Markus Dietrich,Director, ASEI Sahba Sobhani, Programme Advisor Private Sector BPPS, UNDPASEI Project Team: Mary Grace Santos, Lead Consultant Lorenzo Cordova, Jr., Environmental Impact Specialist Marcos Perez, Jr. Social Impact Specialist Contract No. BPPS/2014/IC/0012 Project Name: Scaling Inclusive Business Models leveraging a partnership ecosystem at the nexus of poverty and environment 1st phase Report Developing an inclusive and green eco-system framework 2nd phase Report Initial case studies and eco-system in the Philippines 3rd phase Report Final Draft Authors Markus Dietrich, Director, ASEI Sahba Sobhani - Programme Advisor Private Sector BPPS, UNDP ASEI Project Team: Mary Grace Santos, Lead Consultant Lorenzo Cordova, Jr., Environmental Impact Specialist Marcos Perez, Jr. Social Impact Specialist Version 1: 21 March 2015 Version 2: 13 April 2015 Version 3: 02 June 2015 Version 4: 30 July 2015 Version 5: 25 August 2015 Content 1 Introduction to inclusive and green growth policy approaches 5 2 Business Ecosystems 6 3 Inclusive Business Ecosystems 7 4 Environmental Business Ecosystems 17 4.1 Assessing Business Impacts to Ecosystems 18 4.2 Ecosystem Inputs as Capitals 22 5 Integrating Green and...
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...This text was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License without attribution as requested by the work’s original creator or licensee. Organization The overarching logic of the book is intuitive—organized around answers to the what, where, why, and how of international business. WHAT? Section one introduces what is international business and who has an interest in it. Students will sift through the globalization debate and understanding the impact of ethics on global businesses. Additionally, students will explore the evolution of international trade from past to present, with a focus on how firms and professionals can better understand today’s complex global business arena by understanding the impact of political and legal factors. The section concludes with a chapter on understanding how cultures are defined and the impact on business interactions and practices with tangible tips for negotiating across cultures. WHERE? Section two develops student knowledge about key facets of the global business environment and the key elements of trade and cooperation between nations and global organizations. Today, with increasing numbers of companies of all sizes operating internationally, no business or country can remain an island. Rather, the interconnections between countries, businesses, and institutions are inextricable. Even how we define the world is changing. No longer classified into simple and neat...
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