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    How should performance metrics be selected?

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    How should performance metrics be selected?

    How can an organization ensure that individual and organizational performance goals are aligned?

    © BrainMass Inc. brainmass.com March 4, 2021, 7:45 pm ad1c9bdddf
    https://brainmass.com/business/business-management/performance-metrics-selected-121116

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    Performance metrics should be constructed to encourage performance improvement, effectiveness, efficiency, and appropriate levels of internal controls. They should incorporate "best practices" related to the performance being measured and cost/risk/benefit analysis, where appropriate.

    How should performance metrics be selected?
    The key elements of the performance metrics to these guidelines should address:
    * Alignment with Organizational Mission
    * Cost Reduction and/or Avoidance
    * Meeting DOE Requirements
    * Quality of Product
    * Cycle Time Reduction
    * Meeting Commitments
    * Timely Delivery
    * Customer Satisfaction
    For strategic performance metrics to be effective, one ...

    Solution Summary

    The solution discusses selecting appropriate performance measures in 400 words.

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