PERFORMANCE MANAGEMENT FRAMEWORK
PERFORMANCE MANAGEMENT FRAMEWORK 2016/2017 ii | P a g e Table of Contents 1 BACKGROUND ........................................ ........................................ ............... 1 2 INTRODUCTION ........................................ ........................................ ............ 1 3 RATIONALE OF PERFORMANCE MANAGEMENT ........................................ ....... 2 Policy and Legal Context for PMS ........................................ ..................... 2 Objectives of PERFORMANCE MANAGEMENT System ....................................... 2 Benefits of PERFORMANCE MANAGEMENT ........................................ .......... 3 Principles that will guide the development and implementation of the PERFORMANCE MANAGEMENT System.
3.5.4 The Balanced Scorecard Performance Model The widely used performance model is the Balanced Scorecard. The Balanced Scorecard ensures that there is balance in the set of indicators being compiled. It was developed as a means to measure performance by combining both financial and non-financial indicators to
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