Linking cultures and performance management systems.
Ever since MBE started the importance of innovation and creativity has been stressed upon. We have learnt the barriers to change management and how to bring out this change successfully. But as far as i am concerned one question is still not answered. " how do we strike a perfect balance between a culture supporting innovation as well as performance". This question arises due to the current situation of the world i.e. credit crunch. It is quite evident that companies to cut their losses have to fire employees. Now if there is not a balance between innovation and performance then how would the organization decide what employees to weed out.. If having the culture of innovation is way to go for organizations the question arises of "how to measure innovation".