How to use Performance Management tools?
In the multitude of Performance Management tools available to be deployed across organizations, managers can become confused, while trying to identify what tools to use, when and how.
Tools and techniques for a successful benchmarking study
All businesses are in a continuous search for processes and quality improvements that will eventually lead them to achieving a superior level of performance in their activity.
A benchmarking study can provide several benefits, including a set of measures for assessing the performance and a baseline from which to measure improvements. In order to achieve these, one should be aware and choose the proper method and tools for conducting the benchmarking study.
Which are the best practices in designing infographics?
Humans are highly visual creatures. This allows for a higher understanding of data and enables managers, for example, to make quicker, smarter decisions. Looking back thousands of years, cavemen used visuals to, for instance, track time, record celebrations and other such activities.
Measuring societal well-being, via the Social Progress Index
Shifting focus from the classic Gross Domestic Product as a means for measuring a country’s success, Michael Green, renowned social progress expert and CEO of the Social Progress Imperative, suggests a tool that is more apt in measuring societal and national success, tailor-made for the 21st century.
Outsourcing: most important factors influencing success
Outsourcing can be defined as “the strategic use of outside resources to perform activities traditionally handled by internal staff and resources”. According to Griffiths D., “outsourcing is a strategy by which an organisation contracts out major functions to specialized and efficient service providers, who become valued business partners”.
