Buying unnecessary inventory costs your business money. Conversely, inadequate inventory can lose sales. Accountants and analysts have developed a number of metrics for judging how efficiently your ...
More and more companies, government agencies, educational institutions and philanthropic organizations are today in the grip of a new phenomenon. I’ve termed it “metric fixation.” The key components ...
Let’s say the CEO of your company asks you a simple question: "How are we doing?" Your answer, of course, depends on your department. If you lead sales, you’ll show pipeline and revenue growth. If you ...
"You can't manage what you don't measure" is a management adage that frequently gets trotted out when the conversational topic turns to performance measures. The challenge is the vast numbers of ...
Performance measurement is, admittedly, a tricky subject. On one hand, you must manage your operations and decisions by the numbers. But on the other hand, your employees are people–and people can be ...
Although U.S. manufacturers focus on cutting costs and removing excess spending, they struggle with profitability due to pressure from structurally imposed costs and lower cost foreign producers.
In 2011, the Medicare Electronic Health Record (EHR) Incentive Program began paying physicians and hospitals for the measurement and reporting of performance metrics through the utilization of ...
With a projected market size of $9.8 billion by 2027 (Source: Disprz). That is a really substantial growth, and it has a very ...
We asked industry experts to share how their companies handle performance management in a way that aligns with their culture. These real-world examples demonstrate how structured communication, ...
Investing in private real estate can be a challenge. At my firm, Midloch Investment Partners, we have an investments team that goes to great lengths to evaluate hundreds of investments every year. In ...
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