Mission Goals And Performance Management - 761 Words

Mission, Goals, and Performance Management Today, organizations need to have a clear understanding of where their organization is and where it needs to be in the future to secure longevity and financial success (Moore, Ellsworth, Kaufman, 2011). Organizations need to have a performance management system in place to stay competitive. Therefore, having a well-developed performance management process in place allows the employer and employee to communicate goals, share information, and establish career growth. Performance management needs to contribute to the success of the organization while providing a positive impact on the employees. Therefore, the mission, goals and performance management should coincide with one another. UnitedHealth Group (UHG) was founded in 1977, and based their organization on health maintenance organizations (HMOs). UHG is considered the most diversified health care organization in the United States. They have the largest network s of physicians, and health facilities and caregivers in the United States. They operate in all 50 states and more than 125 other countries around the world (UHG, 2015a). Their operating revenue is over $130 billion in 2014 and Fortune magazine ranked them No. 14 of the 500 largest U.S. corporations (UHG, 2015a). UnitedHealth Group’s mission â€Å"is to help people live healthier lives and to help make the health system work better for everyone† (UHG, 2015b). They enhance the performance of the health care systemShow MoreRelatedMission Statement, Goals, And Performance Management Essay776 Words   |  4 PagesMission, Goals, and Performance Management The mission statement, goals, and performance management are all components of strategic planning. Strategic planning is an organizational effort to identify priorities, establish where an organization is going and determine how it will know when it gets there (Balanced Scorecard Institute, n.d.). 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Taking on such a task requires leadership skills in addition to establishing standards of performance across all programs.