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Integrated Performance Management strategy, risk and sustainability Management

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  • Lux Wilfried

    (Institute of Business Management)

Abstract

This article gives an overview about an integrated approach to Performance Management, meaning strategy formulation and implementation. A step-wise approach is illustrated to arrive at strategic goals and to implement them by defi key performance indicators, actions and responsibilities. Modern approachesto trend analysis are introduced in order to make more predictable statements. Risk management as the other side of strategy implementation is suggested to get integrated into the process of performance management. Finally, besides economic factors, sustainability aspects are integrated into performance management. Social and ecological assets are not only altruistic steps but can lead to fi benefi if appropriately integrated. The described results are based upon various research projects of FHS St.Gallen, University of Applied Sciences.

Suggested Citation

  • Lux Wilfried, 2014. "Integrated Performance Management strategy, risk and sustainability Management," Review of Business and Economics Studies, CyberLeninka;Федеральное государственное образовательное бюджетное учреждение высшего профессионального образования «Финансовый университет при Правительстве Российской Федерации» (Финансовый университет), issue 1, pages 49-59.
  • Handle: RePEc:scn:031730:15688964
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    File URL: http://cyberleninka.ru/article/n/integrated-performance-management-strategy-risk-and-sustainability-management
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