Strategic Performance Management

Performance managementPerformance management is a prevalent term in today’s volatile business world, appearing in diverse disciplines and utilized across all organizational hierarchies. Huyett and Viguere (2005) noted that competitionCompetition at the global level, rapid technological progress, interconnectivity, and economic liberalizationLiberalization have challenged organizations’ existence. ChangesChange in business ecosystems have emphasized the importance of valueValues creation and maintaining a competitive edge, reshaping traditional approaches to enterprise performance evaluation.