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Individual performance management and the use of metrics in the world of scientific research

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Individual performance management

In a recent blog post, ‘Metrics in science – Performance Measurement and the world of scientific research, we have outlined the most important performance measures for the scientific field as presented by the researcher Richard van Noorden (2010) in the weekly international scientific journal ‘Nature’.

Executive compensation and performance

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Executive compensation

The compensation of the top executives represents an important aspect of administrative science, as it links together aspects that relate to corporate governance, human capital, organizational culture and performance management. Ideally, the executive remuneration philosophy of the organization should ensure that the remuneration properly reflects the duties and responsibilities of its executives and that remuneration is competitive in attracting, motivating and retaining people of the highest caliber.

Castrol Edge penalty analysis. Players will have to think from now on twice, before taking a penalty!

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Castrol Edge

In a previous blog post we have presented a new Castrol football application, the World Cup Predictor. Using performance data from every international match played by the World Cup 2010 participating teams in the last ten years and simulating the tournament more than 100 000 times, to minimize the error rate as much as possible, the Castrol team of performance analysts calculated each team’s chances of progression through the competition.

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