The Business Execution Blog

The Business Execution Blog


February 3rd, 2006

Performance management for growth companies

Another article over at WPS mag to which I was pointed. Bausch & Lomb (a customer) via Vice President of Human Resources and Chief Privacy Officer Clay Osborne is talking about what performance management means to them as a growth focused company. Just a few years back, Bausch and Lomb was in a turnaround situation. Today, the turnaround is over and the company is again focused on growth – from a $2 billion enterprise to $5 billion.  Clay talks about how performance management is an important component of reaching that goal:

A growth culture requires entrepreneurial behavior—more innovative, more creative types of behaviors and attitudes that are reinforced. To get from a $2 billion company to a $5 billion dollar company in five years requires not only mergers and acquisitions, it requires tremendous growth in sales. From a performance management standpoint, we target every individual’s objectives to those broad goals, and to ensure that it’s done in an ethical way we embed in ‘the right way’ objectives, ethical integrity expectations and behavior.

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This entry was posted on Friday, February 3rd, 2006 at 10:31 am and is filed under Talent & Performance Management. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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