Below you'll find a list of all posts that have been tagged as “Performance Metrics Guides”
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 …
INTRODUCTION During the growth stages of your business many companies focus their performance measurements on financial and costing information. These types of measurements usually represent outcomes of processes, but do not always provide the best information about what actually occurs behind the scenes. Your performance measurements must reflect and encourage a culture of people empowerment, the value of time, emphasis …
Your company has been gaining traction and is growing. It’s time to make a step change to becoming a world class supplier. To become and remain competitive in today’s global marketplace, suppliers must develop performance measurements that will reveal current baseline values, highlight opportunities for improvement, and drive operational strategies. This article will focus on meeting the objectives of understanding …
