A Case Study on SWOT Analysis & IDP Action Plan Preparation for JCEM (name of client is masked) June-August 2010 Background Strategic planning is a process in which future goals are determined together with the stakeholders and both responsibilities and resources are allocated in accordance with these future goals. It is a process between the point an institution stands presently and the point it aims to reach in a given period of time. The concept of strategic planning is closely
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A Key Performance Indicator best known as KPI is a measurable value that demonstrates how different organizations or institutions evaluate their success at reaching targets. This week assignments consist of reading the book “Key performance indicator”‚ an Excel assignment‚ a discussion‚ and a reflection paper. Through this reflection paper‚ I am going to talk about interesting subjects stated in the book and this week discussion. In the book‚ “Key Performance Indicators” by the author‚ Marr‚ talks
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KEY PERFORMANCE INDICATORS (KPIs) SAMPLES The following sample KPIs are indicative only as a starting point or guideline to assist you to develop your own KPIs. Samples 1 and 2 are for individuals - 3‚ 4 and 5 are for systems and departments. SAMPLE 1 Name/Team: Jean Torrins – Finance Manager Nature of KPI: Recovery of outstanding debtors Definition: The improved collection time of monies owed by debtors Performance Targets: Collect 75% within 45 days and 100% within 60
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Key Performance Indicators (KPIs) Key Performance Indicators (KPIs) are quantitative and qualitative measures used to review an organization’s progress against its goals. These are broken down and set as targets for achievement by departments and individuals. The achievement of these targets is reviewed at regular intervals. KPIs are used to monitor the performance of a company‚ department‚ process or even an individual machine. They will also help shape the behaviors of employees within the company
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Key performance indicators. Key Performance Indicators‚ also known as KPI‚ help an organization define and measure progress toward organizational goals. Key Performance Indicators (KPI’s) are one of the most over-used and little understood terms in business development and management. The role KPI’s play is much bigger and more important. In fact‚ KPI’s are one on the most important guideposts for any business. Every business should have them. Once an organization has analyzed its mission‚ identified
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financial ratio analysis. Does this analysis have any part to play in the modern commercial world‚ or should companies and analysts focus solely on non-financial performance indicators? Traditional financial ratio analysis is useful as it summarises quite complex accounting information into a relatively small number of key indicators‚ relating particular figures to one another‚ and covering profit‚ liquidity‚ growth and risk of a company. These financial analyses include: Profitability ratios;
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PRODUCT FLOW ALONG SUPPLY CHAIN: SOURCING IN CHINA vs. HONG KONG They are many aspects involved making a decision on which styles to source from China and which styles to source from Hong Kong. The differences between the producing the products in China and Hong Kong are: * ORDER SIZES: The minimum production quantity for a style in China is 1200 units while in Hong Kong it is 600 units. Thus Hong Kong factory can produce smaller order quantities effectively‚ thus enabling the company’s
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Supply Chain Performance Indicato ISCOM 370/Strategic Supply Chain Management Key Supply Chain Performance Indicators Performance indicators are used to measure the performance of an organization. These measurements are used to evaluate how successful an organization is progressing toward the long term goals set by management. Key supply chain performance indicators are different depending on the long-term goals or the vision of an organization. When evaluating the performance of each when
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Key Performance Indicators Key Performance Indicators (KPIs) help organisations understand how well they are performing in relation to their strategic goals and objectives. In the broadest sense‚ a KPI can be defined as providing the most important performance information that enables organisations or their stakeholders to understand whether the organisation is on track or not. KPIs help to reduce the complex nature of organisational performance to a small number of key indicators in order to make
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Discussion Questions for the Performance Indicator Case Synopsis The case of Performance Indicator (PI) provides a nice application of the basic economics underpinning strategy decisions facing firms‚ as summarized by the Value Creation & Capture Framework. The central question to think about is the following seemingly inconsistent set of facts: (1) From the description in Osinski and Winskowicz’s (Robb and Bob) sales pitch and the supporting calculations presented in the case (especially Exhibit
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