Now in their second year, the Times Higher Education World Reputation Rankings lists the world’s best colleges and university based on reputation. The top 25 list is dominated by USA and UK based universities (THE, 2012):
In many countries, performance management is promoted by government though policy and legislation. Some focus on the use of performance management systems by government institutions, others require private companies to establish individual performance management systems for employees.
The Economist analyzed in a recent article which economies have fared best and worst during the global financial crisis. The article highlights that the real GDP is no longer the best measure for comparing output, because of demographic changes. Canada, like the United States, has a fast-growing population, whereas the number of Germans and Japanese has started to shrink (The Economist, 2011). The Economist considers the Real GDP per head to be a better measure in order to offer an accurate comparison among worldwide economies’ performance.
Businesses, from the production sector have more data than ever before, stored in more than one system and places, are used in different ways. Progress in information technology has fueled this explosive increase opportunity both in creating fresh ways for producers in order to reach new markets and clients and complexity in an effort to collect, manage and interpret data and information which can help guide them through success.