The Most Difficult Elements of Establishing and Launching a Management Performance Measurement System
Higher Colleges of Technology, Sharjah, United Arab Emirates
- *Corresponding Author:
- Haron AJ
Higher Colleges of Technology, Sharjah
United Arab Emirates
E-mail: [email protected]
Received Date: December 05, 2014; Accepted Date: December 19, 2014; Published Date: December 26, 2014
Citation: Haron AJ (2015) The Most Difficult Elements of Establishing and Launching a Management Performance Measurement System. J Entrepren Organiz Manag 4:124. doi: 10.4172/2169-026X.1000124
Copyright: © 2015 Haron AJ. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Based on our research, the most difficult elements were risk management and change management, and since unexpected change is a risk, we will discuss both as one. The balanced scorecard is one of the performance management tools we will utilize to elaborate our proposition, the scorecard and its content cannot be considered as static objects: they must be upheld and updated to remain applicable and useful for the organization. Two events can be recognized that activate deviations in the scorecard and the metric selection: The scorecard does not anymore support the control of all or part of the business, since during performance review sessions it can seem that business areas or current or new challenges are not considered in the scorecard. Then additional requirements are articulated for the next version of the scorecard.