Define performance management consists of goal setting

Assignment Help Operation Management

Reference no: EM13791171

Goal-Setting Framework

The first of six steps of performance management consists of goal setting, as detailed in Chapter Three. Assume that you work for the Los Angeles Tribune, a large but struggling newspaper publisher with distribution throughout the Los Angeles region. Various problems have arisen that need to be addressed:

The cost of paper is rising
The cost of distribution is rising
Circulation revenue is down

Advertising revenue is down, largely due to free online listings offered by Craigslist and other online advertising services

Customers are largely in the 40+ age range

The current number of employees cannot continue to be supported if revenue continues to shrink

You have been selected by the CEO to construct a goal-setting framework that focuses on three of the six issues above. In your APA formatted two- to three-page paper, include a goal statement for each of the three issues you've chosen and describe the corresponding strategies, tactics, activities, measures of success, and goal measurements you recommend. Support each with your rationale, citing the textbook as necessary, and be sure to provide specific examples within the activities section. In addition to your two to three pages of written content, a title page and reference page are required.

For this assignment, it is possible to make reasonable assumptions regarding the organization's economic situation and business climate. Be sure to specifically mention any such assumptions that you are making within your paper

Carefully review the Grading Rubric for the criteria that will be use

Reference no: EM13791171

Questions Cloud

How does humanistic psychology differ from psychoanalysis : How does humanistic psychology differ from psychoanalysis

How employees and the organization will be affected : Discuss how employees and the organization will be affected by not complying with the zero-tolerance harassment policy by referring to Kant's categorical imperative and corporate social responsibility.

Write an essay about the movie night crawler : Write an essay about The movie "Night Crawler".

Can world''s supply chain processes be replicated : Can World's supply chain processes be replicated at other apparel companies? What about non-apparel supply chains? Identify potential barriers

Define performance management consists of goal setting : The first of six steps of performance management consists of goal setting, as detailed in Chapter Three. Assume that you work for the Los Angeles Tribune, a large but struggling newspaper publisher with distribution throughout the Los Angeles regi..

Managerial responsibilities related to administrative ethics : Explain the managerial responsibilities related to administrative ethical issues. If none were stated, what should have been done?

Method of depreciation that allocates the cost of asset : 1. The method of depreciation that allocates the cost of an asset to its useful life is _________.

Assignment on parenting styles : Parenting Styles

Write summary of article steve jobs: an extraordinary career : Write a summary of the article Steve Jobs: An Extraordinary Career.

User Account

All Pages