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Re-examining Performance Metrics

Wybrand Ganzevoort Enterprise Development Guides, Performance Measures Guides Leave a Comment

We have traditionally striven for competitive and profitable stability and aimed for acceptable standards of performance.  Many of our techniques for planning, measuring and controlling performance such as budgetary control, standard costing, ratio analysis, throughput rate, project appraisal and reject/yield rates are aimed at defining acceptable standards against which to measure deviations.  These in turn influence actions, attitudes, priorities and …