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Theoretical and Applied Economics
No. 1 / 2017 (610), Spring

Performance management in the context of globalization

Roxana-Lucia MIHAI
The Bucharest University of Economic Studies, Romania
Irina Florentina BĂJAN
The Bucharest University of Economic Studies, Romania
Alina CREŢU
The Bucharest University of Economic Studies, Romania

Abstract. All managers focus on obtaining a progress by changing work styles, implementing new technologies, increasing the production capacity, improving the products and services. All organizations either public or private demand a strategy that clearly defines the attainable objectives, the problems most likely to appear, the necessary resources and means.

Performance management is a new approach to evaluating personnel. It's general aim getting higher results for the organization, team and individuals. Performance management must be seen as a meeting, so that for both the manager and people he's working with is means having a open mind, a mutual wish of finding constructive solutions. Performance management always means focusing on three separate detections: performance, competence and professional future. The first two directions represents mutual commitments that are to be studied (for the past) and stipulated (for the future).

Keywords: human resources management, globalization, international organizations (corporates), cultural differences, personal policies.

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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