Study On Optimization Of Performance Management System Of Operating Subsidiaries Affiliated To YH Group

As a traditional agriculture and animal manufacturing enterprise,with the fierce competition in industry,YH group has experienced the stagnant turnover growth especially in recent years.This would be attributed to the disadvantage of organizational performance management,which is mainly based on financial indicators,has become increasingly prominent.To this end,there is plenty of room to largely make use of the incentive-oriented function of performance management,activate the potential of organization and individual,improve the performance of the organization,thereby achieving a breakthrough of its transformation.The purpose of this thesis is to improve the key performance index management system of the operating subsidiaries of YH group by using the design tools and theory of balanced scorecard.Also our final goal is to practice and assess this performance management in business management,to actively stimulate the work enthusiasm and creativity of the employees,and comprehensively to enhance the core competitiveness of enterprises.With careful analysis of the current key performance of the organizational management system,internal and external business environment,and questionnaire survey of the middle and senior managers of the subsidiary company,we may simply summarize some deficiencies existed in this company.They listed as follows: the design of organizational performance indicators paying too much attention to the short-term financial indicators;ignoring the long-term strategic development of the group;the key performance index weight only taking into account the characteristics of different business development stages;the organizational performance coefficient leading to negative incentives,and the lack of performance process tracking and communication feedback mechanism.Thus,based on the theory of Balanced Scorecard,this thesis focus on the strategic development of the group and combines the business characteristics and different development stages of each subsidiary,highlighting the four dimensions of finance,customers,internal operations,learning and growth,finally optimizing the organizational system of this company.Herein,with our study on the optimization of the organization management of YH group,we systematically improved the status of excessive focus on financial indicators,positively changed the weighing setting in different business characteristics and different stages of the company business,highlighted the value range of organizational performance coefficient,created the motivation of organizational performance,and encouraged the enthusiasm and creativity of middle-and high-level managers.