1. Measuring and evaluating performance is important to managers. They need to explore how individual and performance measures and other measures can be combined to create a better tool for measuring past performance and driving the future achievement of strategic goals.
The different methods of performance measures include:
If you had a choice, pick one of these 5 measures, explain why you would use it over the others, and how you would implement it.© BrainMass Inc. brainmass.com October 10, 2019, 7:59 am ad1c9bdddf
If I had to pick one, I would pick leading indicators. Why? This is the measure that can give me a head-up on what is coming, permitting me to adjust strategy, initiatives, and resources so that I do not get stuck with the wrong merchandise, the wrong staff or the wrong capital, any of which could kill the plan. If the plan sinks, the other ...
Your tutorial is 244 words and selects leading indicators. Reasons are given and two examples illustrate the critical nature of this selection.