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For many organizations, building a Strategy Map might be a problem. But why is it so important in the first place?
The strategy map enables us to better understand the business model, the way the organization delivers value to customers and its intent to change.
A metric refers to something we can measure. It has its roots in the word “metron”, used in ancient Greece to reflect measurement. For instance, air pollution, air temperature, water depth, people’s height or weight are all metrics.
In 2017, the Performance Magazine editorial team interviewed Mohamed Aamir Hussain, Business Performance Manager at Saudi Dolomite Company Ltd, Saudi Arabia. His thoughts and views on Performance Management are detailed below.
I think the main challenge in performance management today is making sure that your feedback system and your performance audit gives you the chance to act upon your findings and results immediately.
How much of you is in the organization that you work for? If you are an employee, there certainly must have been times that you have asked yourself this. Although many of us think that we do our best in achieving our daily professional tasks, this perception may not always be aligned with the organizational goals of the company we work for.
Performance management looks at how an organization plans, measures, monitors and enhances its performance on different levels – departmental, procedural, workforce, systems or financial – in order to ensure the overall success of the organization.
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