The Challenge of a Performance Measures System

Topics:
Benchmarking,
Performance Management,
Strategic Management Tools
Tags:
Better Management.com,
Financial,
Human Resources,
Performance,
Performance Management,
Workforce Management
Source:
Better Management.com

Vendor Registration: required

Overview: Performance measures use operational and financial data to diagnose the efficiency and effectiveness of an organization's operational results. The Balanced Scorecard advocates the importance of using a balanced combination of financial and non-financial performance measures. Strategic management advocates the importance of deploying strategy through the performance measurement system. Few in the business community would disagree with the importance of either concept in helping achieve world-class performance.

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