Reference no: EM131177243
Key Performance Indicators in Alliances
After an initial agreement has been reached, it is not unusual for partnerships to experience difficulties. Issues that seemed simple going into an alliance often become more complicated at the implementation stage. One partner may have expectations of the other that were not clearly spelled out to the satisfaction of each. Memorandums of Understanding (MOUs) can create initial consensus, but Service Level Agreements (SLAs) in manufacturing and the service industry have set higher expectations and outcomes, and even more specific expectations with Key Performance Indicators (KPIs) used for assessing actual performance. KPIs are an important means of measuring specifically targeted areas of performance that, if achieved, will help ensure that the organization fulfills its operational and strategic goals, thus helping to monitor the success of the agreements between the alliance partners.
Early in the process of negotiating KPIs with vendors, there is often a failure to get key stakeholders, such as HR, legal, internal IT, and the vendor, all together to agree on the KPI content. Using the Laurent (2008) article, "Human Resources and Recruiting Management," to provide context, specify the causes of such failures and consider what the HR department can do to remedy these situations. Consider recommended practices in developing key performance indicators.
To complete this Assignment, respond to the following in a 3 paper:
· Evaluate the importance of negotiating key performance indicators with alliance partners.
o Why are KPIs crucial to the success of alliance agreements?
o Describe how KPIs alleviate potential problems with alliance partners.
o From your research on negotiating KPIs, what types of barriers to agreements often get in the way?
- How can such barriers be removed or avoided?
· Analyze the effects of foundation accords, governance accords, and change accords on the success of a strategic alliance.
o How should the organization's overall strategy drive the accords?
o What are the potential risks and benefits associated with each type of accord on the success strategic alliances?
o Which type of accord do you consider most important for the long-term success of the strategic alliance? Why?
Resources:
Huang, C. D., & Goo, J. (2009). Rescuing IT outsourcing: Strategic use of service-level agreements. IT Professional Magazine, 11(1), 50-58. doi:https://dx.doi.org/10.1109/MITP.2009.15
Laurent, W. (2008). Human resources and recruiting management. DM Review,18(6), 15. Retrieved from https://ezp.waldenulibrary.org/login?url=https://search.proquest.com/docview/214669761? accountid=14872
Lockwood, N. R. (2006). Maximizing human capital: Demonstrating HR value with key performance indicators. HRMagazine, 51(9), S1-S11.
|
Analyze the effect of legislation on hr outsourcing decision
: Analyze the effects of legislation on HR outsourcing decisions. Evaluate the effects of federal legislation requiring universal health care coverage on the outsourcing of health care in the U.S.
|
|
Division of the tax burden between workers and firms
: In your analysis, does it make any difference on this division of the tax burden between workers and firms if the government levies the tax on workers, levies the tax on firms, or divides the tax between the two groups? Why or why not?
|
|
Explain how audio sound is recorded
: Explain how audio sound is recorded onto, stored on and played back front a compact disc (CD).- Explain how audio sound is recorded onto, stored on and played back from a vinyl record.
|
|
Write a program for the composite simpson rule
: Write a program for the composite Simpson rule. Inputs to the program should be f(x), the interval [a,b] and the number of subdivisions N.
|
|
Why are kpis crucial to the success of alliance agreements
: Why are KPIs crucial to the success of alliance agreements? Describe how KPIs alleviate potential problems with alliance partners. From your research on negotiating KPIs, what types of barriers to agreements often get in the way?
|
|
Discourage a supplier competition from stealing business
: How does this provision, which essentially turns $60 of variable cost into a fixed cost for you. Discourage a supplier's competition from stealing business?
|
|
Reports vary between levels of management
: An example from work would be nice. Otherwise, please clearly explain how the reports vary between levels of management and why.
|
|
Evaluate ways in which hr can manage the outsourcing
: Using the models in the Baloh, et al., article and your additional research, evaluate ways in which HR can manage the outsourcing of innovation.
|
|
Calculate an approximation to the integrals
: Do this by starting with N = 10 and doubling N until you are satisfied that you have the required accuracy.
|