Organizations Performance
An organization’s performance is vital for their success and it is important that all employees are on board with making sure the performance is of high quality. It differs from other evaluations within the company because the performance evaluation “focuses on the organization as the primary unit of analysis” (Evaluating the Performance of an Organization, 2012). Within an organization’s performance it helps determine the actual output or end results of an organization against the intended outputs or goals for the organization (businessdictionary.com). The product market performance is also included in an organizations performance. Some tools can help the organization change or “improve their policies on behalf of greater preparedness for the many futures ahead” (NYUWagner, 2011). Different areas and tools are used to determine the organization’s performance and how well they either are doing or how much improvement the organization needs to bring their performance up.
“Organizations are constantly trying to adapt, survive, perform and influence” but that does not always mean they are successful at doing what they do (Evaluating the Performance of an Organization, 2012). One way that an organization can better their performance is by conducting an organizational assessment to diagnose their current performance to see what is working and what could use a little bit of improvement. This “tool can help organizations obtain useful data on their performance, identify important factors that aid or impede their achievement of results, and situate themselves with respect to competitors” (Evaluating the Performance of an Organization, 2012). The main four tools for organizational performance are effectiveness, efficiency, relevance, and financial viability.
“Effectiveness is the capability of producing a desired result” (businessdictionary.com). This means that if something is considered to be effective then it has an intended or expected outcome which is
“Organizations are constantly trying to adapt, survive, perform and influence” but that does not always mean they are successful at doing what they do (Evaluating the Performance of an Organization, 2012). One way that an organization can better their performance is by conducting an organizational assessment to diagnose their current performance to see what is working and what could use a little bit of improvement. This “tool can help organizations obtain useful data on their performance, identify important factors that aid or impede their achievement of results, and situate themselves with respect to competitors” (Evaluating the Performance of an Organization, 2012). The main four tools for organizational performance are effectiveness, efficiency, relevance, and financial viability.
“Effectiveness is the capability of producing a desired result” (businessdictionary.com). This means that if something is considered to be effective then it has an intended or expected outcome which is
Cited: NYCWagner. (2011). Retrieved August 21, 2013, from http://www.NYCWager.com Evaluating the Performance of an Organization. (2012). Retrieved August 1, 2013, from http://www.smallbusinessnotes.com/managing-your-business/business-ethics.html#ixzz2afud6KU0 Business Dictionary. (n.d.). Retrieved July 30, 2013, from http://www.businessdictionary.com Ferrell. (2011). Business Ethics. Houghton Mifflin Harcourt. Kirby. (2012). Accounting Principles. McGraw. Zain, B. (2011). Strategic Management. Pittsburg: McGraw.