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Collecting data on organizational decisions, analyzing it and checking it for accuracy will bring insights into the performance of a business, however this does not guarantee adequate decision-making.
In 2018, the Performance Magazine editorial team interviewed Gail Stout Perry, Chief Strategy Officer & VP – Sales at Corporater, USA. Her thoughts and views on Performance Management are presented in detail below.
I’ve noted that the best leaders are intellectually curious and continuously seek to learn, they are results-driven, they surround themselves with strong and talented people and trust them to make decisions.
All organizations, from big to small, undergo fundamental changes at some point of their existence. What drives companies to put themselves at risk is the determination to cope better with new demands and challenges of the market environment. The expected outcome is for them to climb higher on the staircase of success. However, too often, the obtained outcome is a period of utter chaos, governed by confusion and financial losses, with little or no gain in return.
Partly willing, partly strained, organizations today have made drastic changes within their strategies and general management processes. Companies face the highest degree of public exposure ever known in history. Technically, every little bit of information, whether disclosed or not, can, and it will, eventually, find its way to a public. The sole solution for a company is to purposely expose itself or, simply put, to lay the cards on the table.
The presentation “Current Trends in Strategic Management and Performance Measurement: Evidence from Japan” was delivered in the second day of the PMA 2014 Conference by Ing. Michaela Blahová, of the Centre of Applied Economic Research of the Faculty of Management and Economics of Tomas Bata University in Zlín, PhD. Parissa Haghirian, Associate Professor at the Faculty of Liberal Arts of Sophia University, Tokyo, and Přemysl Pálka, Academic and Vice-Dean for international relations at the Faculty of Management and Economics of Tomas Bata University in Zlín, Czech Republic.
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