Measuring (Results)
Albert Ferdinand Aalders
Chapter 4 in Cultivating Organizational Excellence, 2023, pp 71-95 from Springer
Abstract:
Abstract Excellent organizations apply extensive performance management systems that anticipate change and help to manage change and transformation. Requirements for measuring performance and evaluating (progress of) change and transformation will be presented as key practices to understand the current situation, analyze possible gaps, and take the right decisions for the future. Designing a robust organizational performance management system and its development over time are essential to stay on the helm when expediting to future success. Shortcomings of traditional practices like the Balanced Scorecard are illustrated. State-of-the-art considerations on scorecards, dashboards, and the associated key performance indicators will be covered in this chapter. Special attention is paid to measuring perceptions, in particular evaluating customer feedback (e.g. using Net-Promoter Scores) and employee engagement. Attention is paid to optimizing the overall effectiveness of the measuring system and keeping the right balance between effort and relevance.
Keywords: Balanced scorecard; Benchmarking; Customer feedback; Emerging KPIs; Employee feedback; Flexible KPIs; In-process metrics; Key Performance Indicators (KPIs); Key Process Owners (KPOs); Key processes; KPI-review; Management review; Net Promoter Score (NPS); Overall dashboard KPI; Perception metrics; Performance indicators; Performance dashboard; Process control/management; Results dashboard; Results visualization; Summary KPI; Transformational KPIs; Visual management (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-031-26289-0_4
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DOI: 10.1007/978-3-031-26289-0_4
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