Category: Performance Management

Performance Metrics

Performance Metrics Development Business metrics are essential for every successful performance management system. Performance management effectiveness depends on identifying and integrating appropriate business metrics – customized to the business, strategy, and industry. Effective dashboard or scorecard report can integrate all relevant business performance drivers or KPIs (key performance indicators). Every KPI is driven by set […]

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Performance Management

The second step in the process is Defining Your Strategic Metrics. For each of the strategic objectives identified in the previous step make a list of the most relevant performance metrics. For example, if one of your strategic objectives is to increase overall sales by 15% then your potential performance metrics would be focused on […]

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The 3 Levels of Performance Management

All of these different levels of performance have to be linked to each other effectively to make sure all organizational activities on every level are streamlined and leveraged into the desired direction of achieving the overall strategic goals and objectives for the company. 1. Organizational Performance At the highest level of organizational performance the overall […]

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Benchmark Performance Measures

The question is ‘compared to what?’. It is important and we must measure our progress and compare our results today with our progress in the past, however is this enough? Do we need a better benchmark – an external benchmarking for our business performance. While we can still improve compared to previous months, quarters and […]

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Developing Employee Performance Evaluation System

How to evaluate and measure employee performance? While job descriptions are excellent tools for HR and managers to summarize the scope of employees’ responsibilities, duties and major focus – performance metrics are tools for converting those general statements into actionable and measurable initiatives. The key initiatives for each employee can be defined in a specific […]

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Moneyball: The 5 Performance Management Lessons for Managers

The book and the movie are about the low budget Oakland Athletics and Billy Beane their general manager. By following the conventional approach and with his low budget Billy Beane was not able to compete with the top teams with big budgets which can afford buying the top players. At the same time he didn’t […]

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Business Performance Management Guide

Performance management tips, best practices, applications, articles and software for planning and managing performance goals, objectives, targets, metrics and KPIs for corporate and small business performance management. How to develop and organize a successful business performance management system? Excel Dashboards and Performance Management How to create powerful excel dashboards and performance measurement system for your […]

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1-Minute Chiropractic Practice Management System: Instant Downloads and Consulting Services

1-Minute Chiropractic Practice Management System Save Time and Money and Successfully Grow Your Practice Starting Today… NEW: NOW AVAILABLE QUICK INSTANT DOWNLOAD, CUSTOM APP DEVELOPMENT SERVICE AND 2-DAY ONE-ON-ONE CONSULTING FOR YOUR PRACTICE Looking To Get Organized And Improve Your Practice Management? 1 Minute a Day + 1 Page Executive Dashboard Report Is All You […]

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What is Benchmarking?

What is benchmarking and 7 steps of effective benchmarking What is benchmarking? Benchmarking in layman terms means the process of comparing yourself to others. In business it means to compare your processes and common business practices to your more nearest competition or more preferably, comparing to market leader. The benefit of benchmarking is that you […]

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