Performance management can serve as an effective HR control mechanism for implementing MNC strategy and carrying out important objectives despite significant physical distance and cultural barriers.

Question

Quizplus · Accepted Answer

Performance management, if designed properly, can provide a systematic approach to monitoring and evaluating the performance of employees, aligning it with the MNC's strategic goals and objectives, and ensuring that they are followed even in remote locations or cultural contexts. Through regular feedback, coaching, training, and recognition, performance management can help MNCs promote desired behavior, improve communication, and foster a sense of accountability and responsibility among their employees. As such, it can be an effective HR control mechanism for implementing MNC strategy and overcoming the challenges of distance and diversity.

Performance Management Can Serve as an Effective HR Control Mechanism