Innerperformanceassessment

  Continuous improvement means to continue to discover that "there is always a better way.''

Corporate Performance Management is a management control from strategy to the shop floor. "If you can't measure, you can't manage," legendary management guru Peter Drucker once asserted. 

Managing performance means understanding results, setting metrics, fixing plans, and making decisions to ensure it happens. It takes multifaceted approaches from multidimensional perspectives to unlock digital performance and catalyze change.

  

                Performance Assessment

Innovationperformanceassessment Corporate performance Management is a management control across functional domains and management disciplines. It is a necessary foundation for continuous improvement. There is performance at strategic and tactical level; there’s individual performance and team performance.

Innovationperformance Innovation is the process to generate fresh ideas, transform them to achieve their commercial value. Overall speaking, innovation has a very low success rate. The problem is that many organizations do not set the right conditions for increasing the probability of innovation success. Also, they don’t set the right key performance indicators to measure results from innovation efforts.

Improvementindicators Continuous improvement means to continue to discover that "there is always a better way.''Any individual indicator can be a lead or lag indicator depending upon the context and the explanatory model chosen. Have always looked at a Lag Measure as the method for measuring the outcome and the Lead Measure as the bet you make. Here are three indicators for measuring improvement.

Innovation Indicator As the saying goes, “You can only manage what you measure.” Digital Organizations are like organic systems that keep evolving. The performance of the total “system” is independent of the performance of any one of the functions and depends more on how the functions relate to each other, the “space” between functions. In fact, the very goal of running a high performance business is to ensure the business as a whole is superior to the sum of pieces.

Innerperformanceassessment Hyper-connectivity and interdependence are the digital characteristics, it is important to understand that digital business development and transformation is the paradigm shift which takes multi-viewpoints, multi-discipline, and multi-stage approach. Strategy management, Change Management and performance management need to walk hand-in-hand. Most organizations fail to manage performance effectively because they often only focus on single dimensional behavior performance. In practice, performance assessment is a combination of many factors and shouldn't be quantified so easily. Performance Management is a multidimensional management discipline. Mindsets, behavior, and outcome are all important elements of performance evaluation. Here is the three-dimensional performance measurement.

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