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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 Greater Taung Local Municipality PERFORMANCE MANAGEMENT Systems (PMS) Model .. 3 What is a PERFORMANCE Measurement Model? 4 The Value of a PERFORMANCE Measurement Model 4 Criteria of a Good PERFORMANCE Model 5 The balanced scorecard PERFORMANCE Model 5 The Revised Municipal scorecard Model 6 Why Greater Taung Local Municipality will adopt the Revised Municipal scorecard Model? 6 The Municipal Development Perspective 6 The Service Delivery Perspective 6 The Financial MANAGEMENT Perspective 7 The Institutional Development Perspective 7 The Governance Process Perspective 7 Implementation of the Revised Municipal scorecard in the Greater Taung Local Municipality 8 Developing the Organizational scorecard and Outlining the scorecard Concepts.

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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