Every business wants to perform the best in its industry. The performance is related to the firm's productivity, profitability, and allocation of resources ability. For best performance businesses need proper planning Description - Performance- Performance is related to the activities done by the employees and management is related to the achievement of goals. Apple performance management tools Determinants of performance- i) Declarative Knowledge ii)Procedural knowledge iii) Skills and motivation Performance Dimensions- i)- The Returns from the employee performance showed in the Accounts. ii)- The Growth of the firm over a certain period of time. iii)- The Performance of the firm in the stock market and the value of its shares. Indicators and Metrix of a performance - There is no single tool that helps to indicate growth. Here is a list of indicators - A- first is technical analysis through Moving average B- Moving average convergence divergence (MACD) is also an important indicator C- on-balance volume (OBV) D- relative strength index (RSI) Performance Measuring Approaches (methods ) to- i) Comparison approach - In this, the past performance of the employee is compared with the present performance. And analysis is done based on the deviation. ii)- Attribute approach- In this, employee performance is analyzed based on various parameters such as teamwork, problem-solving, innovation, creativity, etc. iii)- Behavioural approach - In this, the overall performance of employees is ranked based on a score of 1 to 10 scale.

 

The business environment is of a very volatile nature. People's taste preference changes very frequently. So organizations are also required to evaluate and make changes in their plan and strategies. The main motive of change is to rejuvenate the system and enhance the performance of the organization.

 Apple seem to put a lot of effort into measuring the performance of the company and its employees, are there any areas where you feel that they aren't doing as good job with as the others?