Performance Management Solutions

Independently of the field of action, all businesses are based on two fundamental Management Functions, Planning and Control. The application of these operations requires the implementation of systems and Strategic Objectives methodologies as well as evaluation of the Goals Achievement Rate. These processes are already established in international business as Performance Management.

Performance Management consists in essence of two components: the objectives definition process, based on each business’s strategy and the Indicators System Implementation that evaluates the performance of those strategic objectives.

In cooperation with Universities and Research Institutions we apply the most prevalent Performance Management Methodology; Balanced Scorecard by Kaplan and Norton. The combination of market knowledge and the profound academic background guarantee our customers unique Value – for – Money. Our long cooperation with big customers in Greece and Cyprus is an outright proof.

Balanced Scorecard and Dissemination of the Corporate Strategy
The Balanced Scorecard Methodology allows the business to bring into practice, the Mission and Strategy in a faster and more effective way, introducing a System of measuring performance via Key Performance Indicators (KPIs) combined to and enhanced by the management system.

Top management

• forms and communicates its Strategy relying on the Balanced Scorecard methodology;
• sets the Action Plans, based on alternative scenarios,
• evaluates the effectiveness of alternative scenarios,
• defines operational & tactical objectives and distribute properly the available resources,
• monitor the successful implementation of the Action Plans,
• evaluate the results regularly, via Analysis & KPIs Monitoring,
• forms a feedback channel and a mechanism that allows the strategy readjustment when needed (Re-Act), in order to achieve Strategic objectives.

Indicative Knowledge areas and Performance Management Solutions, developed