Avoiding the perils of short-termism: Sustainable approach to performance management
Abstract
Purpose
This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.
Design/methodology/approach
This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.
Findings
The study finds a performance management process with a short-term financial aim ultimately ignores the developmental needs of the employee.
Practical implications
The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations.
Originality/value
The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.
Keywords
Acknowledgements
Retraction notice
The Publisher wishes to retract the precis article “Avoiding the perils of short-termism: Sustainable approach to performance management”, published in Strategic Direction, Vol. 30 No. 11, 2014. It has come to the attention of Emerald Publishing that this precis article contains large sections of unattributed text taken from the original research article “Sustainability: the missing element in performance management”, by Jane Maley, published in Asia-Pacific Journal of Business Administration, Vol. 6 No. 3, 2014.
Precis articles are intended to summarise original academic research articles for a different audience, and should not include verbatim passages from the original articles. This error occurred due to a miscommunication in the commissioning process.
To avoid any repeated incidents of this nature, Emerald has fully revised its guidelines and briefed its Commissioning Editors. Strategic Direction sincerely apologises to the original authors and its readers for this error. The original article can be viewed here: https://doi.org/10.1108/APJBA-03-2014-0040.
Citation
(2014), "Avoiding the perils of short-termism: Sustainable approach to performance management", Strategic Direction, Vol. 30 No. 11, pp. 19-21. https://doi.org/10.1108/SD-09-2014-0131
Publisher
:Emerald Group Publishing Limited
Copyright © 2014, Emerald Group Publishing Limited