Fitzgerald model - performance measures, Operation Management

Assignment Help:

Fitzgerald Model - Performance Measures

The Fitzgerald model is a performance measurement system specifically for service industry. Fitzgerald (1991) describes a feedback/feed forward model in which performance measurement is part of the feedback/feed forward control mechanism to stimulate action and organisational learning. Fitzgerald acknowledges that many service organisations are diversified and face problems of geographical dispersion. He suggests the formation of strategic business units (SBU). An SBU is defined as 

... an operating unit which sells a distinct set of products or services to an identifiable group of customers in competition with a defined set of organisations. 

Each unit has its own performance measures (see figure).

2264_Fitzgerald Model - Performance Measures.png


Related Discussions:- Fitzgerald model - performance measures

Three methods of system classification, 1. Name three methods of system cla...

1. Name three methods of system classification and typical examples.  Answer: 1. Volume/variety; 2. customer interaction/labour intensity; 3. Boulding's classification.

Explain employee involvement will improve decision making, As OB practition...

As OB practitioners we know that emotions form preferences before we consciously evaluate those choices and this impacts the quality of the decisions made at the company. The presi

Location decisions, the globalization and geographic dispersion of operatio...

the globalization and geographic dispersion of operations

Explain common-size financial statement, What is a "common-size financial s...

What is a "common-size financial statement" and how would it assist you to manage your business successfully?

Explain leadership styles associated with path-goal theory, Identify four l...

Identify four leadership styles associated with path-goal theory. Explain each style and relate it to styles described in other theories. Can leaders exhibit more than one style?

What was jimmy efficiency, 1) Jimmy runs a business in his basement that sp...

1) Jimmy runs a business in his basement that spin aligns and marks golf balls with logos for tournaments. The automated machine goes through three serial steps; the first step tak

Approaches to determining operations strategy, Approaches to Determining Op...

Approaches to Determining Operations Strategy This describes aspects of operations systems and performance measurement, including trade-offs between performance criteria. We

Ways of reorganization and create the new organizational, Reorganizing a co...

Reorganizing a company can be very difficult and time consuming. It involves various resources including human interactions as well as monetary investments. Reorganization can deal

Explain net income, Scott Equipment Organization is investigating various c...

Scott Equipment Organization is investigating various combinations of short- and long-term debt in financing assets. Assume the organization has decided to employ $10 million in cu

Why jobs needed to produce the shopping carts, A company that makes shoppin...

A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labour content of the jobs needed to produce the shoppi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd