Business Performance Assessment Program Best Practice 12 – Define Issue Materiality

StrategyDriven Business Performance Assessment Program Best Practice ArticleSelf assessments seek to identify meaningful improvement opportunities for an organization, typically in the areas of safety, performance reliability, and operational efficiency. Meaningful or material opportunities are those representing a performance improvement that satisfies a regulatory requirement, exceeds the organization's financial return on investment threshold, and/or provides a not easily replicable advantage over competitors.

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