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The misery index is an economic indicator that is calculated by adding the inflation rate to the unemployment rate. The rationale behind this calculus is that a higher rate of unemployment and a worsening of inflation mean economic and social costs for a country and imply a deterioration in economic performance.
Management now spreads at any level one may care to account for. From the company’s global destination, to managing each individual’s course, today we can keep track, monitor and have a firm clasp on the processes subsumed to organizational progress.
For the report Performance Management in 2013, The KPI Institute conducted 20 semi-structured interviews with practitioners, academics and consultants from 18 countries, who offered a detailed image of Performance Management as a discipline in the analyzed year.
An important editorial rule followed in the development of the content is that a discipline can only evolve through the combined efforts of practitioners, academics and consultants. Teresita Villanueva, Managing Director at TAV Systems, Inc., Philippines was one of the consultants that The KPI Institute interviewed.
It is common for organizations and individuals alike to set goals, objectives they want to reach. Instinctively, people have felt that having clearly defined goals is useful for achieving the desired results, and goal setting has been used as a way of improving organizational and personal performance.
The fact that China is rapidly emerging as one of the most powerful countries worldwide is no longer a secret. Besides its trading power, large population and Gross Domestic Product (GDP), China is also an example of good practice when it comes to its governmental administration. From at least the mid-1980s, the Chinese government has implemented a Performance Management system that has grown in complexity and sophistication.
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