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Management decisions & control - Essay Example

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Every institution or profession in the formal sense undergoes performance assessment that is followed by appraisal, standardization, promotions or corrective measures if the index set is not achieved…
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Management decisions & control
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Performance for a Business School al Affiliation Performance in a business school The main efficiency measure for any person or institution is performance. Every institution or profession in the formal sense undergoes performance assessment that is followed by appraisal, standardization, promotions or corrective measures if the index set is not achieved. Performance can be regarded as the criteria against which the operations of a person or institution are measured. For an institution such as a business school, performance refers to the extent to which the school meets the expected and prior communicated levels of operations and success.

In this line, performance will mean how efficient the school is in using the provided resources, both human and material to produce results that are to be considered closely related to the expected results.The close relationship will result to high performance of the school. In such an environment, the performance will be measured by how well the students are trained to become business professionals and how well they are prepared to face the business environment outside school. Additionally, the use of the available resources and the individual performance of each of the players that makeup the schools determines its performance (Lin & Lee 2011, pp 85-96).

Performance of the business school can be brought about by a combination of several factors. It is first important to note that not a single player in the business school is capable of making impressive performance alone. There should be cooperation and collaboration in performance for the overall results to be considered a success. This, therefore, implies that one of the causes of performance in business school is cooperation. According to Berkeley (2007), Cooperation must be present between the administration and the students as well among the managers and the students separately.

When there is effective teamwork, each performs at his or her capacity in the institution leading to achievement of a common goal (Berkeley 2007, p 384).Similarly, all operations in the school must be geared towards a common goal that should be emphasized for all to understand. When everyone understands his or her roles and the common goal performance is enhanced. Monitoring and evaluation with a perspective ready to effect change is also necessary to cause performance enhancement.There are various other drivers to performance besides cooperation.

First, the business school and all the players in it must be committed towards the achievement of the common goals. Lack of commitment leads to failure in some pillars that support performance of an institution hence leading to overall failure. Secondly, management process must be fully implemented to ensure performance is possible (Howitt & Mcmanus 2012, pp 25-35). The managers undertake planning and communicating the common goal and the responsibilities of each player. They also monitor the performance and ensure that all the resources necessary to make it possible are available.

They then monitor the utilization of these resources to ensure efficiency. According to Stereip and Indance (2006), when the managers fail to perform these duties, performance is not possible and the common goals are not met because either they are not communicated or there is reluctance in the human resource or there are inadequate resources to achieve the goals (Stereip & Indance 2006, p 48).Performance, therefore, means the extent to which an institution gets closer to its expected standard of operations based on visible and measurable results.

The performance of the business school is to be measured on the utilization of resources to achieve success. This is driven by various factors that constitute the criteria for measuring performance.ReferencesBerkeley, 2007. Performance Management Executive Briefing. Organisational behavior, 10(5), pp.364–389.Howitt, B.M. & Mcmanus, J., 2012. Stakeholder Management : An instrument for decision making. , pp.29–35.Lin, J. & Lee, P., 2011. Performance Management in Public Organizations : A Complexity Perspective. , 12, pp.81–96.

Stereip & Indance, 2006. Overview of Performance Management, university of south florida.

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