Top 15 most common mistakes in Performance Measurement

Written by Paul Albu on May 10, 2014. Posted in Articles, Organisational performance

Companies strive to decrease costs by improving performance with their available resources. This leads to the need for measuring performance through strategic measurement systems, based on tools like balanced scorecards, key performance indicators or dashboards. But with measuring performance there comes a questions: what guidelines should be used when defining and using metrics in order to avoid mistakes that seriously impair the usefulness of these tools?

The Misery Index – Measuring poverty around the world

Written by Adelina Chelniciuc on May 9, 2014. Posted in Articles, Organisational performance

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.

Timing is everything

Written by Denisa Călin on April 29, 2014. Posted in Articles, Organisational 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.

What is goal setting theory?

Written by Adelina Chelniciuc on April 23, 2014. Posted in Articles, Organisational performance

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.

Performance Management in the Government of China – a success story

Written by Adelina Chelniciuc on April 18, 2014. Posted in Around the world, Articles, Organisational 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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