Replacing the Irreplaceable, or how to increase the ”Bus factor”
One major factor that could have a negative influence on the successful outcome of a project is employee turnover, which represents the risk of key personnel leaving the project.
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One major factor that could have a negative influence on the successful outcome of a project is employee turnover, which represents the risk of key personnel leaving the project.
Employees can easily become stuck in a rut when they complete the same routine tasks daily. Typically, they don’t feel challenged, so their creative juices dry up somewhat.
Managing performance by using the Balanced Scorecard (BSC) concept assists banks in appreciating whether their growth strategies are successful or not, and what new initiatives are required to achieve their strategic objectives in the future.
The Balanced Scorecard is one of the favorite performance measurement tools for a company that wants to measure their results at the organizational level.
Measures the count of trades that are yet to be settled as part of the transfer process.