performance measurement system

Your company has never used a formal performance measurement
system. They have simply measured profits and paid people according to market
conditions. Now they want to implement a base system-nothing elaborate, just
the basics. The problem is that no one knows how to get started. As a manager
you have implemented systems before, but never initiated a system. Your boss
has asked you to do some research and help him draft an outline of questions
for the senior management team to consider before designing a system.Write a
recommendation to your boss on what questions you think are essential to
address before committing to any kind of organizational performance measurement
system.. No matter which approach you take, be certain to include a definition
of performance measurement, and at least three different approaches to
determining which option to take. Include a section on what problems you
anticipate in rolling out a new performance-based plan.

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