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Clear yet comprehensive, Managing Performance in TurbulentTimes eliminates complex jargon and reveals what it takes to bean effective, modern-day manager. Offering expert know-how, thistimely book equips you to map your future progress to help yourbusiness perform, even under the most difficult conditions. Keepingthree ideas in mind—leveraging the tools that are working,simplifying the model, and making the content readable formanagers—this book makes the management process much easierto maneuver and maintain.
Streamlining the process of executing on strategy to bringtangible results to any organization, Managing Performance inTurbulent Times looks at:
The importance of adaptability to changein today's businessenvironment
The emergence of turbulence today
The environmental turbulence facing organizational systems
A streamlined execution process to improve business results
The tools and techniques emerging to help your business not onlyendure, but thrive, in turbulence
Highlighting a completely new approach to performancemanagement, the authors introduce their unique PM4TE model,specifically engineered for use in turbulent settings wheresimplicity, speed, and adaptability are at a premium. Coupling thebest ideas in performance measurement with the challenges ofturbulent environments, the PM4TE model is an effective complementto your existing performance management initiatives.
Tried-and-true performance management approaches and managementresponses now have limited efficacy. Together with a companionwebsite offering tools, checklists, and templates, this essentialresource illuminates the key points necessary for your managementsuccess. An indispensable tool for managers interested in takingany business to new heights, Managing Performance in TurbulentTimes explains how you can get a leg up on the competition andadvance your organization.
"In a business environment in which variability and change arethe new norms, traditional static business models and performancemeasurement systems are no longer adequate. Barrows and Neelyprovide a comprehensive, proven process for measuring and managingperformance in turbulent environments that moves beyond existingperformance measurement frameworks to encompass the dynamicmanagement of the entire business execution cycle."
—Christopher D. Ittner, Ernst & Young Professor ofAccounting, The Wharton School, University of Pennsylvania
"Performance management in a high-tech company is an ongoingbattle of trying to stay ahead of tomorrow's market whiledelivering today's results. The PM4TE process ensures the rightfocus is maintained on the critical aspects of performancemanagement that enable successful execution of both."
—Rick Reidy, Chief Executive Officer, Progress Software
"Managing Performance in Turbulent Times provides theright approaches to improve the way strategies are modeled,projects are managed, progress is monitored, and decisions are madein today's dynamic and uncertain environment. The approaches arehighly adaptable and can be applied in any organization to getrapid results."
—Dr. Mark L. Frigo, PhD, CPA, CMA; Distinguished Professor ofStrategy and Leadership; Director, Strategic Risk Management Lab,Kellstadt Graduate School of Business, DePaul University; andauthor of Driven: Business Strategy, Human Actions, and theCreation of Wealth
"We use the PM4TE process at Hubbell Lighting to focus ourmanagement team's attention on the critical objectives, performancemetrics, and projects that drive our business. In an industryenvironment where the speed of change is increasing rapidly andcompetition is globally intense, we've been able to successfullyadapt our organization and deliver valuable results."
—Scott H. Muse, President, Hubbell Lighting