JNT University Performance Management and Business Strategy Paper

User Generated

Hoe1111

Business Finance

Jawaharlal Nehru technology university

Description

Provide a 4-5 Page summary evaluating the Business Models, Competitive Advantage, the Performance Management and Business Strategy by responding to the following questions below. You must justify your thoughts by supporting your arguments by providing the peer-reviewed sources (at least 8 sources).

Part 1:

  • In correct APA format, write the Reference of the article used for this summary.
  • Clearly state what the article is about and its purpose.
  • Describe how you will use it in your upcoming assignment.
  • Repeat for a total of eight (8) peer-reviewed source.

Part 2:

  • Discuss and describe the process of aligning organizational strategic objectives and individual performance.
  • What are the benefits of alignment?
  • What are the potential dangers of not having alignment?
  • Why are capabilities needed to build a sustainable competitive advantage so important to a winning business strategy?
  • Cite one of the company examples in the textbook to illustrate your answer.

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Explanation & Answer

Attached.

Running head: PERFORMANCE MANAGEMENT AND BUSINESS STRATEGY
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Performance Management and Business Strategy
Name
Institution Affiliation
Date

PERFORMANCE MANAGEMENT AND BUSINESS STRATEGY

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Part 1: Annotated Bibliography
Paarlberg, L. E., & Perry, J. L. (2007). Values management: Aligning employee values and the
organization's goals. The American review of public administration, 37(4), 387-408.
This article explains how an organization's strategic value can be integrated into the
employees' values to improve outcomes. The article explains how employees’ experiences with
culture, societies, and religion need to be integrated into the organization's strategic practices
through a formal process. In this assignment, this article is used to explain the process of aligning
an organization's strategic objective to individual performance. The formal process defines the
business model, which is appropriate for aligning employees' interests or performance
measurement to the organization's strategic values.
Volk, S. C., & Zerfass, A. (2018). Alignment: Explicating a key concept in strategic
communication. International Journal of Strategic Communication, 12(4), 433-451.
This article aims to give a conceptual description of the alignment of individual
performance to strategic objectives. The article explains that alignment is both a process and an
outcome and that there is both primary and secondary alignment. This means that alignment is a
continuous process occurring in different stages of employees' skills and abilities and in the
development of the strategic objectives. The article is used in the assignment to describe the
process of aligning strategic objectives to individual performance and its impacts on the
organization's productivity and competitive advantage.
Sullivan, T. M., & Richardson, E. C. (2011). Living the plan: Strategic planning aligned with
practice and assessment. The Journal of Continuing Higher Education, 59(1), 2-9.
This article aims to explore how leaders can utilize an effective model for sustaining
strategic planning when managing employees who are seeking education continuation. The

PERFORMANCE MANAGEMENT AND BUSINESS STRATEGY

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article explains that leaders need to align performance outcomes, assessment outcomes, and
education practice in defining the overall individual performance. The article is used to explain
the appropriate business model that would facilitate quality measurement of employees’
performance while encouraging employees to improve their skills and abilities.
Gottschalg, O., & Zollo, M. (2007). Interest alignment and competitive advantage. Academy of
management review, 32(2), 418-437.
The purpose of this article is to give a theoretical explanation of how aligning individual
interests to collective values is paramount in establishing a competitive advantage for an
organization. Particularly when employees feel that their interests match those of an
organization, they are more committed to, hence increasing the performanc...


Anonymous
Very useful material for studying!

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