What is definition of performance indicators

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Reference no: EM133836039

Questions

1. Performance Measurement-Indicators What is a measurement (in relation to performance measurement)?

2. What is the definition of performance indicators? Provide examples.

3. What are the advantages and disadvantages of incentives/rewards used to improve performance?

4. Based on the Ted Talk video above, do you agree with Dan Pink, who states to solve "candle problems" we need to reduce the traditional reward system? In this answer, identify at least one problem with your assigned organization. What measures are currently used to determine whether the organization is achieving its goal? What are some possible solutions discussed in recent news to help the organization succeed (i.e., more money for officer salaries, or subsidizing property taxes, etc).

5. How odes the traditional approach (reward those to motivate progress, punish those who fail to meet objectives) help/hinder performance? Give examples of performance indicators to help justify your point.

6. Can we have mixed measures to evaluate performance? Give an example.

Reference no: EM133836039

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