StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Performance Metrics - Assignment Example

Cite this document
Summary
These were measured as part of my overall contribution to a sales and growth team that was set at the organization. The human resource manager combined…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful
Performance Metrics
Read Text Preview

Extract of sample "Performance Metrics"

School: Topic: PERFORMANCE METRICS Lecturer: Three performance related behaviors that were measured were customer relations, leadership skill, and innovativeness. These were measured as part of my overall contribution to a sales and growth team that was set at the organization. The human resource manager combined quantitative metrics such as a performance scorecard with qualitative metric such as observational checklist. I believe the metrics were effective for these behaviors since the behaviors were made up of both qualitative and quantitative variables alike.

In effect, the combined metrics ensured that no performance related outcome was skipped, just as was the recommendation of Epstein and McFarlan (2011) for achieving effective performance measurement outcomes. Even though the metrics have been generally described as appropriate, there are a number of ways in which it could be improved for superior outcomes. In the first place, it was seen that the metric was more individualistic, as it only sought to score personal outcomes in the three behavior areas.

This could have been improved by having a larger organizational yardstick against which each person’s score was pegged against. Once this was not done, it was possible to tell who performed best but it was not possible to tell if that best performer’s performance was at par or below what was expected at the organizational level. Secondly, the metric could have been improved if it was made a peer-reviewed one by making staff score their colleague members.If the organization did not have any metrics in place, I would have suggested the use of a performance feedback metric with the aim of ensuring that employees were not only rated but also made to be aware of any factors that informed their performance.

Once such a move is taken, it will be assured that at the end of the performance measurement with the use of the metric, employees will clearly know areas of their work delivery that they ought to improve (Cravens, Goad Oliver & Stewart, 2010). Such improvement would subsequently lead to improved growth for the organization at large.ReferencesCravens, K., Goad Oliver, E., & Stewart, J. (2010). Can a positive approach to performance evaluation help accomplish your goals? Business Horizons, 53(3), 269-279Epstein, M.

, & McFarlan, F. (2011). Measuring the efficiency and effectiveness of a non-profits performance. Strategic Finance, 93(4), 27-34.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Performance Metrics Assignment Example | Topics and Well Written Essays - 250 words”, n.d.)
Performance Metrics Assignment Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/human-resources/1694988-performance-metrics
(Performance Metrics Assignment Example | Topics and Well Written Essays - 250 Words)
Performance Metrics Assignment Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/human-resources/1694988-performance-metrics.
“Performance Metrics Assignment Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/human-resources/1694988-performance-metrics.
  • Cited: 0 times

CHECK THESE SAMPLES OF Performance Metrics

Role of the Chief Financial Officer in Contributing to the Strategy of a Company

Contents Contents 2 Introduction 3 Role of CFO to meet strategy of a company 3 Treasury function 4 Control function 5 Strategy based forecasting function 6 Strategic expansion of responsibilities of CFO 7 Investor Relations 8 Sustainability and reporting programs 8 Sustainability report: transparency and consistency 9 Non-traditional Performance Metrics 9 Benefits to the company 9 Conclusion 12 References 13 Introduction The Chief Financial Officer (CFO) o… f a company is one of the senior corporate officers in the management who reports to the Board of Directors and the Chief Executive Officer....
12 Pages (3000 words) Essay

Communications Plan

Monitoring the effectiveness of the plan is the Performance Metrics/targets that will be used in judging on the success of the plan.... The Performance Metrics will help to determine the level of efficiency and effectiveness on the communication plan.... “Communication Plan” Darnet Cunningham Davenport University MGMT 535 Professor Beverly Pierce November, 26th 2013 The proposed timeline for communication is two month....
3 Pages (750 words) Assignment

Benefits of Integrated Marketing Strategies

Marketing is much more, however.... It is the process of “planning and executing the conception, pricing, promotion, and distribution of ideas, goods, services, organizations, and events to create and maintain relationships that will satisfy objectives.... (Boone and Kurtz, 1998).... … Most often, the term ‘marketing' invokes thought of sales strategies and persuasion techniques....
3 Pages (750 words) Essay

Web-Based Business Management Applications

will start operations on 20th April 2010 and the physical location will be at Los Angels, USA.... It will offer web based business management applications named Online Office Manager.... This application will be available for twenty four hours in seven days.... The users will… Buzweb Inc.... will offer the following e-products; word processing, inventory management software, database management, customised data analysis application, loan Computer software industry is booming and has the highest growth rate as compared to other industries....
5 Pages (1250 words) Essay

Global Environment : Case Study about John Higgins

I could also look to consider Performance Metrics measuring Higgins' productivity as a means of gaining an objective perspective on the effectiveness of this approach.... Prescott and Higgins demonstrate completely different views about implementing United States personnel policies in Japanese operations....
2 Pages (500 words) Term Paper

Case Study: Best Laid Incentive Plans

In the company, there is Performance Metrics.... The company's mission is to establish Performance Metrics by sacrificing short term operations gains to long term success of the company.... The company policy is to establish Performance Metrics which are focused more on the customers than on the employees.... The two metrics are as a result of poor leadership and management in the organization.... Hiram, who was the Chief Financial Officer, had established the wrong metrics in the organization....
5 Pages (1250 words) Essay

Supply Chain Management Activities

The activities in relation to the structure of a firm, it may entail one firm or numerous, which usually aid in the circulation of… The activities normally differ variedly; owing to the numerous stages, into which goods normally pass to their final destination (customer).... Conventionally, supply chain constitutes of five entities each possessing distinct tasks in line as indicated (Fig....
5 Pages (1250 words) Assignment

The Thirteen Financial Shenanigans

Overstating Performance Metrics – the Performance Metrics and measurements of a company may be overstated.... Distorting Performance Metrics – the Performance Metrics may be distorted through manipulation of figures to indicate unrealistic metrics in order to satisfy certain objectives.... This is possible when a company exaggerate its performance indicators....
2 Pages (500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us