Abstract
The current economic crisis facing yet business environment is a challenge for managers to identify the systems and processes that allow them to respond positively to this pressure. Analysis of key factors that define the performance allows understanding its role and functions in decision making. Performance criteria have diversified and nuanced as needed, which there is necessary to connect the space microeconomic to the macroeconomic requirements. Connecting business analysis results to new judgments, subordinate the concept of performance, we can draw the following ideas : focus on management performance and risk arising from it, enforce management decisions based on intuition and awareness in the management, the primary focus on planning, implementation and monitoring strategy avoids bottlenecks arising from decisions based on retrospective analysis and the creation of flexible structures, focusing on promoting joint efforts in business development, creates a culture of generating performance commitments. The validation of these ideas to practice business law turns them into informal accepted and associated to the performance management process.
CONSTANŢA IACOB , MIHAELA CRISTINA GHEORGHE, RALUCA MIHAELA DRĂCEA. (2014) Supreme Laws of Performance Management, International Review of Management and Business Research, Volume 3, Issue 2.
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