Author(s)

Guoqing Cheng

Corresponding Author

Guoqing Cheng

ABSTRACT

The performance management system aims at realizing corporate strategic objectives. It can help managers find and solve the problems during the development process of enterprises in a timely manner and provide securities for the enterprises’ long-term and healthy development. The pharmaceutical industry is closely related to our health and safety and bears important social responsibilities. However, now there are still many problems in the performance management of the pharmaceutical enterprises. In order to develop successfully in the competitive industry, medical enterprises must attach more importance to the performance management, optimize the performance management system, and thus improve the efficiency. This paper analyzes the current problems of performance management in China’s pharmaceutical industry, discusses the advantages of Y company’s performance management system that is far ahead in the industry, and puts forward some measures to help improve the performance management of the pharmaceutical industry.

KEYWORDS

Performance management, pharmaceutical industry, implications