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Business Performance Measurements: The Right Way To Intensify Production, Profit Along With Morale – Part 4

Business Performance Measurements: How to Increase Production, Profit and Morale – Part 4Article by Tom Grimshaw






In the first article of this series I defined the basis terms and philosopy of KPIs.In the second I related some of my experiences with KPIs.The third discussed finacial rewards.Cautionary NotesThe introduction of KPIs in your organisation is not an easy, simple panacea that will solve all your organisational ills. It is not easy to figure out an encompassing statistic for every position in an organisation. It is even more difficult for the creative jobs. For instance in a software development company, such as mine, there are standard metrics for programmers, like number of lines of code, function points or features. Each has its liabilities. Measuring only lines of code can lead to voluminous, inefficient code. The code could easily be one tenth as long and ten times easier to maintain had the developer spent the same amount of time figuring a more concise way to accomplish it.I recall several

Business Performance Measurements: The Right Way To Intensify Production, Profit Along With Morale – Part 4

Mon, December 19 2011 » Uncommon