Research on the Synergistic Effect of Strategic Performance Management and Employee Performance Management
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DOI: 10.25236/icfmhss.2024.009
Corresponding Author
Gao Bo
Abstract
This paper aims to delve into the synergistic mechanism between strategic performance management and employee performance management, emphasizing their complementarity and synergy in achieving long-term strategic goals, unleashing employee potential, and enhancing overall organizational performance. By analyzing the cascading process of corporate strategic objectives, the establishment of a performance indicator system, and the cyclical process of employee performance planning, evaluation, and feedback, this study reveals how strategic performance management guides the direction of employee performance management to ensure that employees' efforts align with corporate vision. Simultaneously, the effective implementation of employee performance management feeds back to the strategic level, providing data support and decision-making basis for strategic adjustment and optimization. Through case studies and empirical research, this paper further demonstrates the significance of establishing a performance management system based on strategic orientation for enhancing organizational competitiveness and promoting sustainable development. It also proposes specific strategies and practical suggestions to promote the synergy between the two.
Keywords
strategic performance management; employee performance management; performance indicator system; strategic objective decomposition; organizational competitiveness