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Performance management in the context of globalization

Author

Listed:
  • Roxana-Lucia MIHAI

    (The Bucharest University of Economic Studies, Romania)

  • Irina Florentina BĂJAN

    (The Bucharest University of Economic Studies, Romania)

  • Alina CREŢU

    (The Bucharest University of Economic Studies, Romania)

Abstract

All managers focus on obtaining a progress by changing work styles, implementing new technologies, increasing the production capacity, improving the products and services. All organizations either public or private demand a strategy that clearly defines the attainable objectives, the problems most likely to appear, the necessary resources and means. Performance management is a new approach to evaluating personnel. It's general aim getting higher results for the organization, team and individuals. Performance management must be seen as a meeting, so that for both the manager and people he's working with is means having a open mind, a mutual wish of finding constructive solutions. Performance management always means focusing on three separate detections: performance, competence and professional future. The first two directions represents mutual commitments that are to be studied (for the past) and stipulated (for the future).

Suggested Citation

  • Roxana-Lucia MIHAI & Irina Florentina BĂJAN & Alina CREŢU, 2017. "Performance management in the context of globalization," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(610), S), pages 227-232, Spring.
    • Handle: RePEc:agr:journl:v:xxiv:y:2017:i:1(610):p:227-232
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    References listed on IDEAS

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    1. Agmon, Tamir & Lessard, Donald R, 1977. "Investor Recognition of Corporate International Diversification," Journal of Finance, American Finance Association, vol. 32(4), pages 1049-1055, September.
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    Cited by:

    1. Richard Sagor Mitra, 2020. "Importance of Standardization in Minimizing Cross-cultural Miscommunication," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 11(3), pages 01-07, September.

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