Organizational Performance Measures Best Practice 8 – One Change at a Time
An organization’s performance and the environment in which it operates change dynamically. Subsequently, most measures reflecting these performance variables are also dynamic; challenging analysts to interpret historical and predict future movement. Altering what or how a given variable is measured or the manner by which the resulting data is manipulated introduces an additional complexity to the data analysis. Implementing more than one change to a performance measure further compounds this challenge; often making the resulting output difficult to explain, complicated to understand, and generally confusing to decision-makers. Therefore, when altering a performance measure, only one change should be made at a time.
You need to be logged in as a Premium Member to see this part of the article. Login using the box in the sidebar. Not registered? Click here to register
Sign up for our Email Newsletter
Register for the complimentary StrategyDriven Newsletter and receive instant access to our Organizational Performance Measures whitepaper series. Using these whitepapers, you'll learn how to create a performance measurement system that drives superior performance by aligning managerial decisions and employee actions with your corporate strategy.
Yeah!Now I get how important Organizational Performance in the business management.I think for a good Organizational Performance, the managers has to work hard.That’s why how important the managers are.