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Mgb339: Performance Management-Report (Diagnosis)

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Submitted By bolkon
Words 2546
Pages 11
Assessment Item 1

MGB339: Performance

Management-Report (Diagnosis)

Student: Bol Kon

Student ID: n9423851

Lecturer: Dr. Elisabeth Hetterich

Due date: 5:00pm Monday 11 April Week 6

Word count: 2,064

Contents
Introduction 1
Organisational Analysis 1 Organisational analysis-Business Strategy 2 Cost Leadership Strategy 3 Focus Strategy 3 Differentiation Strategy 3 Organisational analysis-culture 4
Analysis of Issues-Analysis of performance management and reward issues 5
Conclusion 8
References 10

Introduction

This report will use organisational analysis, business culture, and performance management cycle models to examine the current situation and its approach to performance management. It will also identify, assess and present issues found to be problematical in Bank of Queensland’s current performance management and rewards approach to the senior management team.

Organisational Analysis

This section is a presentation of results from the analysis of two major business areas; organisational analysis/culture and analysis of performance management and rewards issues.

Porter’s strategy

[pic]
Porter (1980)
According to Miles and Snow Organizational Types model, in order for an organisation to be superior, there has to be a strong and direct correlation between the organization's mission/values by it definition, the organization's functional strategies which are its’ characteristics and behaviours. Of the four type; Reactors, Analyzers, Prospectors and Defender, this theory suggests that BOQ is a Defender simply because it has a narrow product-market domains. In addition, top managers in this type organization are highly expert in their organization’s limited area of operation but do not tend to search outside their narrow domains for new

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