Definitions of performance measurement, Operation Management

Definitions of Performance Measurement

1. The first step in a business measurement process is to define the content and objectives of the business - this will help reveal whether measures are balanced or in conflict to which they are consistent with issues such as reward systems. Successful performance measurement influences behaviour.

2. Performance measures are the vital signs of the organisation, which quantify how well the activities within a process or the outputs of a process achieve a specified goal.

Posted Date: 3/15/2013 1:55:48 AM | Location : United States







Related Discussions:- Definitions of performance measurement, Assignment Help, Ask Question on Definitions of performance measurement, Get Answer, Expert's Help, Definitions of performance measurement Discussions

Write discussion on Definitions of performance measurement
Your posts are moderated
Related Questions
A number of personality dimensions are identified (Big Five, attitudes, locus of control, etc.). What are the strengths and weaknesses of some of the personality dimensions in vari

What are the main issues that Joe Thomas has to deal with?

Organizations are structured to take advantage of their inherent strengths and also to minimize their inherent weaknesses. For example, an organization may outsource its purchasing

Given that the question of open and closed systems is more of a continuum than a yes/no question, do you believe that more closed systems are better able to assess and improve thei

Charles Teplitz's firm wishes to use factor rating to help select and outsourcing provider of logistics services. A) with weights 1-5(5 highest) and ratings 1-100 (100 highest), us

Is the 'focused factory' concept described by Skinner applicable in the service sector? Answer:  Yes, think of Schmenner's service-process matrix and the lower quadrant entitled


What is Business process re-engineering? Business process re-engineering (BPR): The basic redesign of existing business processes to attain enhancements in critical areas

Process Selection and Process Design Having identified alternative process sequences and process span choices, the question then to be answered is which of the configurations

Is it selfish to prefer (saving) one's own life to that of others?