Essay: Performance measurement technique of companies
Redemption techniques were also discussed for a company suffering the aftermath such sins. A significant one being of using metrics systematically. The company would need to create a culture of measurement, personal rode modeling, provide appropriate rewards, and lastly implementation techniques to create impressive results.
The article presented significant flaws inherent in a performance measurement technique of companies. The seven flaws resulted from number of factors-significantly being the inappropriateness of certain techniques to a company’s management style. Vanities, Provincialism were discussed to present such companies who believed in their own measurement techniques to be more than sufficient.
Each sin was presented with a case scenario whose analysis allowed the reader to understand the outcome and the negative results as a result of the implementation these types of performance metrics.