Wednesday, January 19, 2011

Performance Objectives

Objectives could be defined at 4 levels valid probably for the next 6  or 12 months using accepted KPIs.
  • Corporate objectives
  • Departmental objectives
  • Sectional objectives
  • Individual objective
Next, a set of key result areas are identified for each objective or goal.

Generally, we use financial ratios for performance measurement.  They are creditable, consistent and objective for comparison purposes.

The best measure of efficiency is dividing output by input.

Return is a better measure of performance.i.e outcome divided by input.

Arriffin Mansor 012-2786282

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