Innovation and learning perspective - performance measures, Operation Management

Assignment Help:

Innovation and Learning Perspective - Performance Measures

In this perspective, the company emphasises the design and application of business management initiatives that foster increased innovation and learning among the workforce. Included here can be measures to increase sales of new products, and measures to improve yield, defect rates, customer satisfaction or position in competitor ranking. 

The balanced scorecard forces managers to look at measures for all four critical areas in the context of a company, thus limiting the danger of concentrating on any one area at the expense of others. Each perspective is tied in the strategic plan to a number of specific goals which in turn re tied to performance measures.

2312_Innovation and Learning Perspective - Performance Measures.png


Related Discussions:- Innovation and learning perspective - performance measures

Develop an operations strategy for an organisation, How do you develop an o...

How do you develop an operations strategy for an organisation? Answer: There are many different procedures recommended by academics and individual consultancy companies. The mor

Explain procurement management, Which of the nine knowledge areas defined i...

Which of the nine knowledge areas defined in the Project Management Body of Knowledge includes the activities of generating, collecting, distributing, storing, retrieving and dispo

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

Explain job evaluation, Explain Job Evaluation. A combination of short ...

Explain Job Evaluation. A combination of short statements which describe both the necessary requirements of the particular job and the work to be performed is termed as Job Eva

Line Balancing, What do you understand by “line balancing”? What happens if...

What do you understand by “line balancing”? What happens if balance doesn’t exist?.

Explain international union, Most day-to-day interaction between labour and...

Most day-to-day interaction between labour and management involves the: Answer (1) national union. (2) International union. (3) Industrial union. (4) Local union.

Define necessary for business organizations to act ethically, Suggest two r...

Suggest two reasons why it is necessary for business organizations to act ethically, and provide support for your rationale.

Explain milestones and key deliverables, When developing the milestone sche...

When developing the milestone schedule for the project charter it is helpful to identify relatively few milestones and key deliverables

Order winning, Order Winning, Order Qualifying and Order Losing Criteria ...

Order Winning, Order Qualifying and Order Losing Criteria Hill (1993) introduced the idea that as well as order winning criteria (OWC), there is also order qualifying criteria

Explain the roles of the defense contract management agency, What are the r...

What are the roles and responsibilities of the Defense Contract Management Agency

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