Performance Measurement: Link Between Value Based Management and Human Resource
Speaker: Professor George Baker, Harvard Business School
Location: Radisson Sas Hotel, Rusland 17, Amsterdam
Employment growth rates in large firms have declined significantly in the past decade. This is forcing a major re-evaluation of human resource management systems, as companies abandon their old systems that provided rewards only through promotions and career advancement. As employment growth rates have declined, and opportunities for promotion have gone down, firms have recognized the need to increase within-job-level pay-for-performance. This has placed new stress on performance measurement systems, as issues of authority, accountability, subjectivity, and fairness have become central to the new human resource management regime. Furthermore, the increased popularity of value based management in European firms requires adaptations of the performance measurement system as this is the essential organizational link between strategy and human resource management.
Professor George P. Baker is Professor of Business Administration at the Harvard Business School, and the Head of the Negotiation, Organizations, and Markets Unit at the school. He has published seminal works on management incentives, leveraged buyouts, organizational economics, and the relationship between a firm's ownership structure and its management. Baker's recent work has focused on the problem of managerial performance measurement, and its role in the design of incentive systems and on the structure and performance of organizations.
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* Arrival and welcome
* Talk by Professor George Baker, Harvard Business School