MGT 521 Week 5 Discussion

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students or faculty Any comment, including a reply to me or a classmate, that you wish to be included in your weekly minimum of three participation comments must meet the following criteria:

Please see the announcements for more information on participation.

1. Demonstrates understanding of key course concepts
2. Applies key course concepts to real-world situations
3. Must include research and properly cites sources
4. Must be over 500 words

You can use this for guidance on formatting citations. 

https://ecampus.phoenix.edu/secure/aapd/grammar/apa/apaweb.asp

Thanks, and if you have any questions please send me a PM.

Due Thursday

Respond to one the following scenarios in a minimum of 500 words:

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.

Scenarios

Scenario 1: Managing for Performance

In addition to reviewing the course materials, watch the Harvard Business Review video “Convince Executives to Measure Performance” and then answer the following questions:

1. Why is control an important managerial activity?
2. How well does your company (or a previous one) perform the steps in the control process?
3. What does the organization need to do better?
4. Using the video “Convince Executives to Measure Performance” and the chapter readings as your foundation, what best practices do you recommend for improving performance measurement at your work or school?

Scenario 2: Measuring Performance

In addition to reviewing the course materials, watch the Harvard Business Review video “The Explainer: The Balanced Scorecard” and then answer the following questions:

1. What are barriers to effective measurement that can complicate the control process? Why do you think not all firms are measurement-managed?
2. Considering your company (or a previous one), develop goals and metrics that the organization could use in applying the balanced scorecard technique.
3. Using “The Explainer: The Balanced Scorecard” and the chapter readings as your foundation, what are your recommendations for improving performance at work (or your performance here at school)?

Scenario 3: Managing Control

In addition to reviewing the course materials, watch the Harvard Business Review video “Measure Employee Productivity Accurately” and then answer the following questions:

1. What are barriers to success that you have observed in your organization (or a previous one)?
2. What are the keys to successful control systems at your organization?
3. Using “Measure Employee Productivity Accurately” and Ch. 16 as your foundation, what recommendations do you have for improving productivity at your company?

References

Barr, S. (2015). Convince executives to measure performance [Video]. The HBR Channel. Retrieved from https://hbr.org/video/2851426209001/convince-executives-to-measure-performance

Gino, F. (Director). (2013). Measure employee productivity accurately [Video]. The HBR Channel. Retrieved from https://hbr.org/video/2235472805001/measure-employee-productivity-accurately

Kaplan, R. S., & Norton, D. P. (2014). The explainer: The balanced scorecard [Video]. The HBR Channel. Retrieved from https://hbr.org/video/3633937148001/the-explainer-the-balanced-scorecard

Kinicki, A., & Williams, B. K. (2016). Management: A practical introduction (7th ed.). New York, NY: McGraw Hill Education

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.

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