Essays on Macquarie Group Limited - Performance and Compensation Management Assessment Case Study

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The paper “ Macquarie Group Limited - Performance and Compensation Management Assessment” is an engrossing example of the case study on management. Macquarie Group Limited provides Lending (Banking, Mortgages, and Leasing), Capital Markets (Advisory, Facilitation, Underwriting, Property Development, Broking, Corporate and Asset Financing), Investment, Funds (Assets and Wealth) Management, Financial Markets (Fixed Income, Securities, Capital, Equities, Currencies, Commodities and Derivative Products) Services through its various company segments. Macquarie Group Limited is run as a Non-Operating Holding Company (NOHC) (Macquarie Group Limited, 2013). Macquarie Group Limited was established in 1969, and at present provides work for over 13,600 individuals in 28 national states.

As of 31 March 2013, Macquarie Group Limited had an asset base of $A347 billion (Macquarie Group Limited, 2013). Business Unit StrategyOrganizations can build up strategies on several stages such as nationwide, regional, commerce, or multi-business. Nevertheless, possibly business unit level strategy is for the most part regular. Business unit strategy or competitive strategy involves knowing who the business should serve, accepting the present and prospective basis of competitive advantage in that business, followed by creating a plan to develop the key competencies and position the business (Galpin & Wellington, 2012). Macquarie Group Limited's executive administration promotes entrepreneurial customs amongst its employees.

Sturdy sensible administration is elementary to this approach. Healthy risk management exercise is entrenched in a business unit organization with vital supervision of all risks. Macquarie Group Limited’ s objective is to assist customers to propel their trade to complete economic performance. This is facilitated through far-reaching knowledge in serving clients. Also, the company pulls together a pledge to convey custom-made solutions for each one customer with our decades-long legacy of idea guidance.

Macquarie Group Limited’ s business strategy is based on the generally accepted concepts including the experience curve, time-based competition, as well as deconstruction (Macquarie Group Limited, 2013).

References

Adhikari, D. R., 2010, Human Resource Development (HRD) for Performance Management, The Case of Nepalese Organizations, International Journal of Productivity and Performance Management, 59(4), 306-324

Agha, N. and Onyeizugbe, C., 2011, Reward Management and Organizational Performance, Nigerian Journal of Business, 5(1)

Cheng, M. I., Dainty, A., and Moore, D., 2007, Implementing a New Performance Management System Within a Project-Based Organization, International Journal of Productivity and Performance Management, 56(1), 60-75

Elzinga, T., Albronda, B. and Kluijtmans, F., 2009, Behavioural Factors Influencing Performance Management Systems’ Use, International Journal of Productivity and Performance Management, 58(6), 508-522

Galpin, T. and Wellington, J.L., 2012, Sustainability Leadership: from Strategy to Results, Journal of Business Strategy, 33(4), 40-48

Holloway, J., 2009, Performance Management from Multiple Perspectives: Taking Stock, International Journal of Productivity and Performance Management, 58(4), 391-399

Macquarie Group Limited, 2013, Company Profile, Accessed on 12 September 2013,

Waal, A. D. and Counet, H., 2009, Lessons Learned from Performance Management Systems Implementations International Journal of Productivity and Performance Management, 58(4), 367-390

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