Discuss the nature of an effective performance management system. In Essay

Discuss the nature of an effective cognitive operation management system. In your discussion, recommend the process that should be used - Essay ExampleIt argues that there is no singular nature of effective performance management, instead effective performance management exists in a fluid and contextually specific reality. The essay also considers the nature of effective performance management within the real area context of service and consultancy firms. In considering the nature of effective performance management measures, one of the crucial elements is that of situating performance management in terms of a morphologic framework. This essay argues that in large part there are different levels of understanding that can be brought to performance management systems, with structural or overarching frameworks representing a general qualitative perspective on the nature of effectiveness, as well as defining the boundaries of performance management. ane such framework is that propose d by Fitzgerald and moon on (1996) who broadly argue that there are a number of core competencies that must be implemented to achieve effective performance management. Within this context, they acquire outlined the most effective measures to be understanding ones intentions, developing a range of performance standards, developing patterns of comparison, and implement a summit down system. While Fitzgerald and Moon (1996)s framework is powerful in its simplistic message, other researchers have articulated the characteristics of effective performance management from a different perspective. In these regards, Otley (2005) has advanced a notion of effective performance management from a more complex angle. In these regards, Otley states that performance management must heavily consider strategic measures, emphasize effectiveness or efficiency patterns, consider incentives, and follow a bottom down structure. The elements indicated by Otley and Fitzgerald and Moon defend a broadly f ramed perspective on the nature of performance management. At this level of abstraction, the defining elements represent more of general overview of effective elements. One will note that the definitions contain contradictory elements. In these regards, it seems that the benefits of one method over the other are linked to the nature of the business system in which the measures are implemented. Another framework that articulates effective performance management is that which has been implemented by Otley (2007). In this research Otley examines previous conceptions of effective performance management, specifically those presented by Johnson and Kaplan (1987), as Otley argues that it is no longer relevant to consider performance management within the management accounting paradigm. Ferreira and Otley (2009) considered the literature involving performance management systems and argued that traditional decisive assumptions did not go far enough in articulating the essence of effective pe rformance management. As such they proposed a new critical framework that examines the exhaust in terms of an extended framework of performance management systems. Within this framework, some of the critical assumptions regarding what constitutes effective performance management are articulated as a means of advancing past critical assumptions. The framework developed is referred to as performance management systems, and it incorporates a number of elements from Otleys previous hypothetic matrices, augmenting them through the