Strategy and Performance Management at DSM Essay

Strategy and Performance watchfulness at DSM - Essay ExampleThe final KSF is important from the point of view of the merchant players. Low exist and security from sales is essential for them (Cai, et al, 2009). The KSFs can be linked with each other, if some of the travel of feat management are implemented at bottom the system of DSM. The process of performance management consists of five meters. The steps consists of planning, developing, monitoring, rating and finally development planning. Among the various steps, planning, developing and rating is important from the perspective of DSM. This is because, all the selected steps are essential to enhance the KSFs and helps in ensuring integration within the chemical elements (Armstrong & Baron, 2000).The suggested process consists of planning, developing and rating. Analyzing the processes would justify the rule behind the suggestions. The three suggested steps are also linked with each other. The adoption of these steps withi n the system would help DSM to amalgamate the KSFs effectively. Planning is essential in an organization as it is the main factor that helps in rightly allocating the resources of a company. Planning ensures that the company capitalizes on the opportunities available to it and the process is done in a cost effective way. Proper planning helps to meet the requirements of the customers. The demands of the customers can be fulfilled if proper turnout plans are designed. Efficient distribution of sales will be ensured if planning is done in the process of identifying potential target customers (Cai, et al, 2009). The second step involves activities that are related to efficient development of ideas and techniques. This step is connected to the first step. If proper planning is non done, the development process will also not be productive. Development is also an integral step in the process of performance management. Innovative techniques of production have to be developed in order to gain comparative advantage in the