1) make a strategy to compute the performance
the managers of the organization make strategies to compare the overall
performance of the organization with the standards of the performance
2)
calculate
the actual performance
nowadays commonly in organizations, the manager arranges the report of
formal performance measurement. Then the manager regularly rechecks the report
of performance to make sure that the performance is according to the plans that
are set in the first step. For example, if the sales go downward or upward and
if the revenue has gone low. This kind of information comes to the eye only if
the report is reviewed regularly.
3)
compare
performance with the selected target
in this step, the current performance is compared to the selected target
of the performance to check that if the performance matches to the target or
required more progress. Normally the selected target performance and the actual
performance of the organization of the same period is taken to make sure the
performance is going well.
4)
Making
the right decision
If in case the performance is not going according to the plan the manager
has to take another decision for the betterment of the organization the manager
have to evaluate what to change in previous plan or it is necessary to make the
other plan. it is up to the manager whether he or she could able make the
better the position of the organization.