Performance Management at the National Institute of Management, Central India Campus

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Answer # 1 is found in Paragraph 3 Answer # 2 in Paragraphs 1 and 4 Answer # 3 in Paragraphs 2, 3, and 4 Answer # 4 in Paragraphs 2 and 3 Answer # 5 in Paragraph 2 Answer # 6 in Paragraphs 2, 3, and 4 Answer # 7 in Paragraph 5 Every enterprise which employs a diverse and multifaceted workforce to facilitate organization, production, and service, from major international corporations to local community churches, utilizes a concept known as performance management to maximize their efficiency and effectiveness. The field of performance management has been defined by managerial researchers as a "strategic and integrated approach to increasing the effectiveness of companies by improving the performance of the people who work in them and by developing the capabilities of teams and individual contributors" (Armstrong and Baron, 1998), and the technique has been used since the 1970's by businesses seeking to improve their organizational results. In 2008, Professors Ranjeet Nambudiri and K.R. Jayasimha, a pair of researchers working with the Richard Ivey School of Business Foundation, conducted a case study of the existing performance management systems in place at the National Institute of Management - Central India campus (NIM CI campus), one of India's most prestigious business schools. Their goal was to critically examine the performance management strategies engineered and implemented by the director of the NIM CI campus, ascertaining their various advantages and

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