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Employees assume personal responsibility and accountability for the outcomes of their work. Employees monitor their own performance and seek feedback on how well they are accomplishing their goals. Employees manage their performance and take corrective action when necessary to improve their and the performance of other group members.
The FLEX methodology involves four iterative steps to improve performance and align objectives: Plan: Formulating a strategy and aligning objectives among team members. Brief: Effectively communicating the plan to the execution team to ensure understanding. Execute: Implementing the plan whilst focusing on the defined objectives.
Strategy making with this group begins with the organization's strategy story. Using middle managers in this role allows these individuals to raise their own strategic leadership bar. And it is through these middle managers that the organizational story becomes more accessible in those settings and situations that they know much more intimately ...
In part, these benefits accrue by increasing positive public relations and high ethical standards to reduce business and legal risk by taking responsibility for corporate actions. CSR strategies encourage the company to make a positive impact on the environment and stakeholders including consumers, employees, investors, communities, and others ...
"Strategy is the determination of the basic long-term goals of an enterprise, and the adoption of courses of action and the allocation of resources necessary for carrying out these goals." [22] Igor Ansoff built on Chandler's work by adding concepts and inventing a vocabulary.
Personal development may take place over the course of an individual's entire lifespan and is not limited to one stage of a person's life. It can include official and informal actions for developing others in roles such as a teacher, guide, counselor, manager, coach, or mentor, and it is not restricted to self-help.
Performance is an abstract concept and must be represented by concrete, measurable goals or objectives. For example, baseball athlete performance is abstract as it covers many different types of activities. Batting average is a concrete measure of a particular performance attribute for a particular game role, batting, for the game of baseball.
As noted above, setting performance goals can cause difficulties and lower performance compared to a "do your best" condition when prerequisite skills, strategies and knowledge are not in place which may be due to a cognitive load effect arising from the demands of complex tasks for relative novices.