Operation management | Business & Finance homework help
The airline’s overarching strategy focuses on providing its customers with exceptional levels of service while at same time utilizing latest technology order reduce costs associated operations thus allowing company remain competitive within industry landscape. Additionally, they also place great emphasis sustainability as seen through their commitment preserving environment via several initiatives such as reducing emissions plus investing renewable energy sources.
In terms of performance management, Emirates follows a structured approach which includes clearly defined systems processes along with standards measurement indices that are used assess employee performance overall. This helps ensure objectives set out previously can then translated into tangible results once implemented through regular appraisals where feedback both ways encouraged order provide constructive criticism/suggestions when necessary.
Overall, these are some key elements that make up successful performance management system for any organization especially those operating within highly competitive industries like aviation. By following above mentioned steps companies like this one can better position themselves capitalize market conditions which should lead increased efficiency plus higher profits long run.