Preview

Performance Measurement

Better Essays
Open Document
Open Document
1322 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Performance Measurement
Performance Measurements
Name
University of Phoenix

Performance Measurements Performance measurement tools have been used by many organizations or companies these days as one of their strategies in achieving success. Specifically, this tool is useful for detailed evaluation of the production process of one company, provide extensive guidance for the decision making process, and assess the performance of the company departments and individual employees. In general, measurement tools are created to give the company an easier access to a feedback system regarding its consistency in achieving their goals, and to provide them with options on how they can improve their current process. Basically, it gives companies a preview of how they are currently performing and where they might be heading. Another benefit of having a performance system is being able to better motivate the employees to do better with their jobs. However, such tool also has its consequences and the company should also be ready for it. Managers can easily monitor how their employees are doing by having a performance measurement tool. And one way for them to make their work performance consistent is by having a reward system. With this employees will really work harder with the hopes of attaining the reward. There have been many records and surveys that testified to the positive impacts of performance measurement tools to the employee work performance. In the US Municipalities, 9.6% of the respondents found the tool substantial, and 33.3% find it moderate. Moreover, these results are supported by the same survey conducted in other US counties, which gathered 31.5% of the respondents agreed to the accurate effectiveness of the performance measurement tool. In terms of its impact on employee motivation, 32-68% of the respondents agreed to its effectiveness. All these records only suggest that there are many organizational aspects that the performance measurement tool can



References: Carr, N. (2008). The Data Dashboard. American School Board Journal, 195(12), 42. Retrieved August 2, 2010, from Master FILE Premier database. Mausolff, C., & Spence, J. (2008). Performance Measurement and Program Effectiveness: A Structural Equation Modeling Approach. International Journal of Public Administration, 31(6), 595-615. doi:10.1080/01900690701640929. Shayne , B. (2004). Performance-Measurement. Retrieved August 2, 2010, from http://www.performance-measurement.net SIX-SIGMA PROGRAM. (2004). In Encyclopedia of Health Care Management, Sage. Retrieved August 2, 2010, from http://www.credoreference.com/entry/sageeohcm/six_sigma_program

You May Also Find These Documents Helpful

  • Good Essays

    Q: Identify the alternative performance (operating) measures presented in the statement of comprehensive income and document your conclusion with regard to the appropriateness of the various performance measures.…

    • 350 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Performance Indicator

    • 913 Words
    • 4 Pages

    The aim of Performance Indicator is to increase golf ball manufacturers’ value by increasing revenue from new ball sales as a result of eliminating older, used balls through its color change coating technology. Although there appears to be a possible financial benefit based on the future perceived demand for new golf balls, PI’s new technology does not appear to have any transparent benefit or value creation for the end consumer (golfer). Consequently, no manufacturer has yet to adopt this technology.…

    • 913 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Of this week's video segments - Ford, Metro Bakery, and BuyCostumes.com - how are their approaches to performance evaluation and performance management different? How are they similar?…

    • 464 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Unit 16 P5

    • 1810 Words
    • 8 Pages

    Measuring performance means when a business will measure the quality of the activities that are passing and the quality of the services provided to the customers by employees. It involves creating a simple, but effective, system for determining whether organizations meet objectives. It’s also a process of collecting and reporting information regarding the performance of an individual, group or organizations. It can involve looking at process/strategies in place, as well as whether outcomes are in line with what was intended or should have been achieved.…

    • 1810 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Performance management is an essential tool for a company. It creates the opportunity for the individual success of all its employees, and therefore the longevity of the company to prosper. Performance management creates a point of reference for the employee to see where they stand performance wise, and gives the employees the insight to see where they can strengthen their productivity. The following paper will highlight and demonstrate the potential and importance of performance management. Furthermore, the paper will contain a job analysis process that will further identify the skills needed by employees, methods used for measuring those skills, approach for delivering effective performance feedback, and alignment of the performance management framework.…

    • 1289 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Productivity Measurement

    • 667 Words
    • 3 Pages

    Benchmarking is defined as the process of comparing the cost, cycle time, productivity, or quality of a specific process or method to another that is widely considered to be an industry standard or best practice (O’Neill, Dam, Gutbezahl, n.d.). Benchmarking is a great tool used to monitor productivity and profitability. A successful physical therapy department needs to be running efficiently in all areas, including employee productivity, correct charging and collections and the use of support staff as well as the therapists (Edgar, 2011). Benchmarking can help show you the problem areas of the department that may need attention and reorganizing thus improving productivity and profitability.…

    • 667 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Pancho And Lefty Analysis

    • 254 Words
    • 2 Pages

    Pancho and Lefty, by Townes van Zandt, seems to be a story about two people who left their homes and families to live, “free and clean” on the road. They found out living on the road wasn’t so easy. It turned the two boys into men. Then they joined gangs and turned into hardened criminals. They did what they had to do in order to survive.…

    • 254 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    5-10 Performance Standards

    • 1697 Words
    • 7 Pages

    In order for performance assessment to work data gathering, observation and documentation need to be performed. These sources give good feedback as to whether goals are being met. There are many sources of data that we can use to check up on the performance management system. The different sources are: direct customers, executives, employees, managers, supervisors, and…

    • 1697 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    In 1 Samuel 8:5 the Israelites ask Samuel to appoint a king, saying, “You are old, and your sons do not follow your ways; now appoint a king to lead us, like all the other nations have.” Was it wrong for them to ask this? The following verses make clear that it was wrong. Samuel was displeased and prayed to the Lord concerning the matter. The Lord answered, “Listen to all that the people are saying to you; it is not you they have rejected, but they have rejected me as their king.…

    • 809 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Performance management systems can be defined as the continuous process of identifying, measuring and developing the performance of individuals and teams. For employees: It may very well cause a lower self-esteem; employee burnt out and job dissatisfaction, damaged relationships and use of false or misleading information. For managers: it could lead to an increase in turn-over; decreased motivation to perform; unjustified demands on managers' resources and varying and unfair standards and ratings. For an organization: it can be seen as wasted time and money; unclear ratings system; emerging biases and increased risk of litigation.…

    • 572 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Public Services

    • 932 Words
    • 4 Pages

    Kloot & Martin (2000) made an important distinction between measuring performance and managing performance (Verbeeten, 2008, p431). Performance measurement is one aspect of performance management, it is the regular collection and reporting of data to track work produced and results achieved therefore informs performance management (Lichello, p9). Performance managing entails using performance measurement as a management tool to clarify goals, the contribution toward achieving those goals, and understand the benefits received from the investment in each program (hhs.gov). It is also important to understand Performance monitoring. Performance monitoring is concerned with using performance measurement systems as part of a performance management regime (allwords.com) in order to continuously analyse results and to identify weak aspects that need improving.…

    • 932 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    3prm

    • 2931 Words
    • 11 Pages

    Performance management tool supports to meet these expectations by giving employees regular feedback on their performance and in return both employees and managers have the opportunity to discuss and contribute towards targets set individually or as part of a team, this also ensures a culture where employees feel motivated. Performance management based on a mutual relationship of trust and open communication will mean that the whole company benefits and that both employers and employees experience the satisfaction of best possible performance and ultimately contribute towards sustainability of the organisation.…

    • 2931 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Performance Management

    • 5601 Words
    • 23 Pages

    W E B S T E R • B U C H A N A N • R E S E A R C H…

    • 5601 Words
    • 23 Pages
    Powerful Essays
  • Better Essays

    overall productivity. The survey was done in two parts, the first analyzing the factory and the…

    • 1181 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Finding out if the outputs generated from delivering the services are according to expectations in terms of quality and…

    • 3486 Words
    • 14 Pages
    Powerful Essays