Performance Measurement

Learn how to take a structured approach to the design of performance measurement.

Performance Measurement

Learn how to take a structured approach to the design of performance measurement.
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About the Class

Performance measurement is the act of monitoring progress towards specified objectives. It has two main purposes:
  • To monitor progress towards goals
  • To guide improvement activity where performance is not meeting the goals

Performance measures are like the mileposts on the path towards our goals. They tell us how far we have come; how far we still have to go; and whether, indeed, we are going in the right direction.

But performance measurement is not easy. Choosing inappropriate measures can result in unintended consequences, with detrimental outcomes. At the same time, the outputs of many processes are intangible and difficult to measure.

The only solution is to take a structured approach to the design of performance measures that involve stakeholders, customers, and users to clearly define agreed outcomes, and then measure performance against those outcomes.

This course provides a structure that you can use to develop a framework of performance measures throughout your organization. The course also covers how to analyze and present performance data in order to reveal valuable information about the behavior of the organization’s processes and activities. And the course covers ways of engaging employees with the measures and working towards business improvement.

Author

Ross Maynard

I am a Fellow of the Chartered Institute of Management Accountants here in the UK. I live in Scotland with my wife, daughter and Cocker Spaniel.

School

Ross Maynard's School

Requirements

There are no additional requirements.
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What's Included

Language: English
Level: All levels
Skills: Performance Measurement, Business Improvement, Goals, KPIs, Performance, Targets
Age groups: All ages
Duration: 1 hour 26 minutes
12 Videos
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