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Search - Corporate performance management: Ensuring strategy implementation

Corporate performance management Ensuring strategy implementation
Author: The Economist Intelligence Unit

Even in the best organisations, the management of corporate performance is a complex task. It requires senior executives to execute strategic plans, communicate them throughout the organisation and transform them into reality. Comprehensive, global research that provides business intelligence You will benefit from the insights, opinions a... more »nd experiences of 190 senior European and US executives surveyed for this research paper. In addition, we conducted personal interviews with 25 companies. These interviews address the issues raised in the survey and explore them in greater detail, allowing you to assess their relevance to your own business. The findings from this research were analysed and interpreted by management experts from the Economist Intelligence Unit and PricewaterhouseCoopers. Learn how your peers address performance management. This report includes illuminating case examples detailing performance management techniques used at: Gillette. Its corporate strategy is focused on continuous new product development and further global expansion. Key performance management drivers include the global rotation of people and incentives pegged to internal standards rather than industry benchmarks. Glaxo Wellcome. Under a new corporate structure, it has re-evaluated the relationship between central strategy formulation and regional implementation. Devolving strategic autonomy to local units--within the broad framework of corporate strategy--is the company's preferred response. Royal Sun Alliance. A merger proved the ideal springboard for a global reorientation for these 300-year-old companies. Business units worldwide were assigned return on equity targets and balanced scorecard measures were designed around developing global teamwork, succession planning and customer service. Schroders. The firm's historical continuity is matched by staff stability. One of its key performance management goals is to cultivate low staff turnover to ensure the communication and continuity of corporate strategy. Today's business environment is highly dynamic. Globalisation, shorter timeframes, increased competition and strategic alliances are all dramatically reshaping the traditional corporate environment. These seismic changes are imposing even sterner demands on CEOs and their teams as they strive to create, communicate and implement strategy throughout their companies. Corporate performance management will help you implement a strategy that works for your organisation.

ISBN-13: 9780862181000
ISBN-10: 0862181003
Pages: 34
Rating:

0 stars, based on 0 rating

Publisher: Economist Intelligence Unit
Book Type: Paperback
Members Wishing: 0
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