For a financial performance measure to be good, it should generally rise when good things happen and decline when bad things happen. And it should motivate high-quality decision-making. This may seem ...
One of the most difficult things for managers is coming up with good metrics that are an indication of the performance of the business. After all, that's what key performance indicators are supposed ...
Depending on the nature of the business, performance metrics can vary widely. Maybe that’s why so many businesses have so many metrics: the more processes, the more ways you can slice and dice ...
Let’s say a client asks you, “What was the best-performing fund last year?” Or perhaps they want to know, “What was the performance of the S&P 500 last year?” Before answering, it would be best to ask ...
THE Chartered Institute of Personnel and Development (CIPD) describes performance management simply as “the attempt to maximise the value that employees create”, helping to maintain and improve the ...
Financial indicators of business performance allow you to compare different business types. You can define operating objectives for your company, but such objectives differ for companies in different ...
I’ve spent over 25 years in the financial advisory profession but recently had a startling realization about investment performance. During a friendly debate with a friend who manages a small-cap ...
DOGE, or the Department of Government Efficiency is in the headlines this week for its latest performance management tactic: asking federal employees to email 5 bullet points on their accomplishments ...
With fewer employees in their talent pool than large enterprises, measuring performance is particularly pertinent for small businesses. Job performance measurements are useful in determining ...