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
Selection of Operations in an Organisation In any organisation there will be very many operations which could be studied; this step of the procedure addresses the question - w

Dave noticed that at the place where he gets his haircut, Hair Town, there is an employee who sweeps up hair every 15 minutes. By doing this, the management at Hair Town is trying

How would you oversee the design (or redesign) of a benifit program in a large organization? What issues would you consider?

What internal problems result from the current planning and control policies? In particular, analyze stock turns and availability (e.g. high and low levels).

WHAT WOULD BE A GOOD RESEARCH QUESTION ON THIS TOPIC FOR A GROUP PROJECT

What structural change is indicated at the Plaza Inn? Explain clearly why

Question 1: (a) What does Organisational Behaviour mean to you? Use your own words to explain the concept. (b) Describe carefully the major challenges organizations are fa

FIVE ways in which an organisation might respond to variations in demand for its products. Five ways are:- Use of overtime working Use of part-time or casual labour Hi

You have just received 10 units of a special sub assembly from an electronics manufacturer at a price of $250 per unit. A new order has also just come in for your computer's produc

Assume you are the CFO of ABC Corporation, a multi-state supplier of janitorial supplies. The CEO as just met with you and "suggested" your job might depend on your ability to hide