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
Define performance appraisal. Performance Appraisal:   It is a systematic and impartial assessment of an employee's performance on the job, along with a view to discovering ho

The cafeteria supervisor at CarWash is interested in developing a forecast model for the number of meals to be prepared each day. The following daily data from the cafeteria’s regi

You are the operations manager and in this capacity, you have been asked to provide a location analysis on whether your company should expand an existing manufacturing plant or clo

A subset of items selected from a population is called which of the following? Sample Statistic Census Parameter

Why Sales Promotion is resorted? Sales Promotion is resorted to increase the sale volume.

>>Why are isoquants negatively-sloped? Along a single isoquant, the firm can substitute the use of one input for another while holding the total level of output constant Beca

You have been named human resource manager for a company that has 180 employees and no formal base pay system. What steps will you take to developed such a coordinated system?

What is the difference between a mission and vision statement. Discuss why mission statements are important in performance improvement and why a solid mission statement (describing

Distinguish between pure and mixed strategies in production planning. Provide examples of each strategy.

What is Six Sigma? Who started it? What organizations currently utilize Six Sigma