Multidimensional performance measurement, Strategic Management

Q. Multidimensional performance measurement?

Multidimensional performance  indicators recognise that the constant drive to increase profitability can ultimately be self-defeating and that it is imperative that organisations do not put the needs of shareholders above all else. The primary goal of most profit seeking enterprises is to increase shareholder value through increasing profit; however multidimensional approaches recognise that equally important would be the level of customer satisfaction, innovation, quality and morale of the work force, all of these ultimately drive profitability and therefore shareholder value. The benefits in the long-term of using multidimensional frameworks will be improvements to profitability when other performance measures, financial or non-financial, are monitored and used for control purposes.

Posted Date: 8/9/2013 2:14:00 AM | Location : United States







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

Write discussion on Multidimensional performance measurement
Your posts are moderated
Related Questions
Submit the integrated final copy of your Information Strategic Plan. The proposal will actually consist of the purpose, history, and scope located in the final project template

a) What can you say about GOOD Y and GOOD X (a good can be an item, a commodity, etc.).  Name a pair of good X and good y that can show this kind of relationship. b) Is the relati

Q. Explain Two-part tariff system? With a two-part tariff system the buyer is charged: A transfer price equal to the seller's variable (marginal) cost for each unit sold

Q. Show the Budgetary planning ? A budget is a forecast and quantified plan of action. Budgetary planning creates a budget like a part of the planning process for the organisat

Question: (a) Briefly discuss the following Maintenance practices and list some of the techniques used to implement these practices in the work environment (i) Predictive

Assume the population of Darwin in 50 yrs will be 2million. There will be gas related industries in the surrounding areas of Darwin. Mining activities in the Northern Territory wil

market barriers

I have one real option problem I need help with

Political Factors Political stability of parties and their actions like granting etc might also influence the business expansion plans of Bread Talk up to lesser extent in Singa

In response to the start of the credit crisis, EU Finance ministers agreed a set of conclusions in October 2007. These initiatives were grouped into the so-called Economic & Financ