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Benefits/managerial influence/implication of PIMS model.
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Shah Alam Kabir Pramanik:
Benefits/managerial influence/implication of PIMS model.
PIMS framework can be beneficial in the following ways.
1. Provides a realistic and consistent plan: It provides a realistic and consistent method for establishing potential return levels for individual business.
2. Stimulates managerial thinking: It stimulates managerial thinking on the reasons for deviations from par performance.
3. Provides insights into strategic moves: it provides insights into strategic moves that will improve the par return on investment.
4. Encourages a more discerning appraisal: it encourages a more discerning appraisal of business unit performance.
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