Corporate Performance Management Solutions

The appraisal should measure performance inand that elements of luck or other factors beyond
accomplishing goals, plans and performance, in regardsthe manager's control are taken into account when
to corporate performance management. No onearriving at any appraisal. But, in too many cases,
wants a person in a managerial role who appears tomanagers who achieve results owing to sheer luck
do everything right as a manager but who cannotare promoted, and others, who do not achieve
turn in a good record of profit making, marketing,expected results because of factors beyond their
controllership or whatever the area of responsibilitycontrol, are blamed for failures. Thus, appraisal against
may be. Nor should anyone be satisfied to have averifiable objectives is, by itself, insufficient.
performer in a managerial position who cannotThe system of measuring performance against
operate effectively as a manager.pre-established objectives should be supplemented by
In assessing performance, systems of appraisingan appraisal of a manager as a manager. Managers at
against verifiable preselected goals haveany level also undertake nonmanagerial duties, and
extraordinary value. Given consistent, integrated andthese cannot be overlooked. The primary purpose
understood planning designed to reach specificfor which managers are hired and against which they
objectives, probably the best criteria of managerialshould be measured, however, is their performance
performance relate to the ability to set goalsas managers- that is, they should be appraised on
intelligently and to plan programs that will accomplishthe basis of how well they understand and undertake
those goals and to succeed in achieving them. Thosethe managerial functions of planning, organizing,
who have operated under some variation of thisstaffing, leading and controlling.
system often claim that these criteria are inadequate