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Business performance management (BPM) (also known as corporate performance management (CPM) [2] enterprise performance management (EPM), [3] [4] organizational performance management, or performance management) is a management approach which encompasses a set of processes and analytical tools to ensure that an organization's activities and output are aligned with its goals.
A matrix organization. Matrix management is an organizational structure in which some individuals report to more than one supervisor or leader—relationships described as solid line or dotted line reporting, also understood in context of vertical, horizontal & diagonal communication in organisation for keeping the best output of product or services.
Teamwork is the collaborative effort of a group to achieve a common goal or to complete a task in an effective and efficient way. [1] [2] Teamwork is seen within the framework of a team, which is a group of interdependent individuals who work together towards a common goal. [3] [1]
The forming–storming–norming–performing model of group development was first proposed by Bruce Tuckman in 1965, [1] who said that these phases are all necessary and inevitable in order for a team to grow, face up to challenges, tackle problems, find solutions, plan work, and deliver results. He suggested that these inevitable phases were ...
The input–process–output (IPO) model of teams provides a framework for conceptualizing teams. The IPO model suggests that many factors influence a team's productivity and cohesiveness . It "provides a way to understand how teams perform, and how to maximize their performance".
A performance appraisal, also referred to as a performance review, performance evaluation, [1] (career) development discussion, [2] or employee appraisal, sometimes shortened to "PA", [a] is a periodic and systematic process whereby the job performance of an employee is documented and evaluated. This is done after employees are trained about ...
Cooperative Strategy refers to a planning strategy [1] in which two or more firms work together in order to achieve a common objective. [2] Several companies apply cooperative strategies to increase their profits through cooperation with other companies that stop being competitors.
Collaboration (from Latin com-"with" + laborare "to labor", "to work") is the process of two or more people, entities or organizations working together to complete a task or achieve a goal. [1] Collaboration is similar to cooperation. The form of leadership can be social within a decentralized and egalitarian group. [2]