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Performance Measurement Maturity Model – assessing organizational performance measurement capabilities

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Performance Measurement Maturity Model Performance Management and Measurement

In scientific management performance is associated with two key processes, performance management and performance measurement which cannot be separated from one another. Performance management both proceeds and follows performance measurement. Performance measurement appears as a sub process of performance management that mainly focuses “on the identification, tracking and communication of performance results, by the use of performance indicators” (Brudan, 2010).

Toyota Motor Corporation and TPS – champions of performance improvement

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Toyota Performance Management

Today more than ever, Toyota continues to be studied by scholars and professionals that are interested to understand how a handful of people that formed the early Toyoda family succeeded in setting one of the one world’s greatest manufacturers. It took decades of hard work, innovation and a unique philosophy to turn what was first a small manufacturer of looms used in the textile industry into a champion in the more competitive and tough automotive global market.

Global ranking of countries based on sovereign debt risk

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Global ranking of countries based on debt risk

The most recent report of global sovereign credit risk for the 3rd Quarter of 2010 presents the country rating based on the Cumulative Probability of Default (CPD), indicating the probability of a country being unable to honour its debt obligations over a given time period. CPD is calculated using an industry standard model and proprietary credit data from CMA Datavision TM. Reference to ‘risky’ is purely in terms of the probability of default derived from the price of the CDS (CMA, 2010).

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