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Posts Tagged ‘Ask the Experts’

How to build a strategy map and increase business performance

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Strategy Map

By identifying what differentiates it from its competitors, as well as by acknowledging its main capabilities, an organization can set the objectives that have to be attained in order to reach its vision. A performance-focused organization will formulate its objectives and map its strategy, in order to identify cause and effect links that turn assets into desired outcomes.

What is reverse logistics and how can it affect performance?

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Reverse Logistics

The Council of Logistics Management defines Logistics asThe process of planning implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements.”

How can you improve Key Performance Indicator reporting?

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reporting

Reporting is an important stage in the performance management process, although managers can sometimes fall into the trap of considering it as the end of the performance cycle. However, just reporting performance data will not ensure the improvement of results. Improvement is only possible when decisions are made based on the insights provided by data.

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