Change management: staying competitive, efficient and innovative

Written by Borbala Pentek on March 10, 2020. Posted in Editorials

Change management is a crucial process to employ, when leading an organization from its current state, to its desired future state.

Terms of disengagement: too many rules in the office

Written by Borbala Pentek on October 28, 2019. Posted in Editorials

In many cases when measuring organizational performance, companies tend to focus solely on the financial perspective, setting objectives such as “Achieve profit growth” (measuring it through $ Gross profit margin, $ Net cash flow, or similar indicators) or “Maintain financial discipline” (measuring it through % Budget variance, # Berry ratio, or others).

So different, and yet so alike. Performance management and Formula 1

Written by Adela Tudorache on April 10, 2019. Posted in Editorials

Can you imagine your organization as a Ferrari or a McLaren? Your management team as the pit crew and your sales force as the race team? A Formula 1 racing team model can be used as a metaphor for business, as they have many elements in common.

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Do we really need organizational performance management to generate improvements?

Written by Cristina Mihăiloaie on February 25, 2019. Posted in Editorials

Performance management, at least at the employee level, has received serious criticism from multinationals such as Microsoft, General Electric, Adobe, Goldman Sachs Group and Google, in the past 5 years. The traditional ranking system and KPI measurement used in the appraisal process provided little added value for the organization, for managers or for the individual. Practice has proved that a measurement system is merely a promise of improvement.