Get the opportunity to grow your influence by giving your products or services prime exposure with Performance Magazine.
If you are interested in advertising with Performance Magazine, leave your address below.
Recently, sports titan Nike put an abrupt end to what seemed to be the next big thing, personal technology wise: the much anticipated Fuelband. So, what does this mean to the fit-band market and how did Nike’s sudden change of heart rattle wearable-hardware developers?
Finding the right balance between high profits, low costs, quality products/services and safety standards is not an easy process. Companies continue to face problems when trying to adjust to one of these components, rather than the other. An example in this direction is British Petroleum (BP).
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?
If you ever catch yourself saying “Measuring my performance is such a waste of time!”, you’re doing it wrong and it’s high time we changed that perception. Even outside working hours, we deal with measurement tools that significantly, and subtly, improve the quality of our lives.
Performance measurement is continuously growing in maturity, and people’s perception towards it suffered a massive change in focus: from a business booster to a personal performance enhancer. This trend is completed by the emerging usage of different hardware enablers to measure daily activities and even monitor one’s health.
Copyright © 2004-2024 The KPI Institute Pty. Ltd. All rights reserved | Terms of use | Privacy Statement | Cookie Policy | Disclaimer
