Multidimensional performance measurement, Strategic Management

Assignment Help:

Q. Multidimensional performance measurement?

Multidimensional performance  indicators recognise that the constant drive to increase profitability can ultimately be self-defeating and that it is imperative that organisations do not put the needs of shareholders above all else. The primary goal of most profit seeking enterprises is to increase shareholder value through increasing profit; however multidimensional approaches recognise that equally important would be the level of customer satisfaction, innovation, quality and morale of the work force, all of these ultimately drive profitability and therefore shareholder value. The benefits in the long-term of using multidimensional frameworks will be improvements to profitability when other performance measures, financial or non-financial, are monitored and used for control purposes.


Related Discussions:- Multidimensional performance measurement

Show the limitations of ratio analysis, Q. Show the Limitations of ratio an...

Q. Show the Limitations of ratio analysis ? A ratio on its own is meaningless, accounting ratios must always be interpreted in relation to other information.  Ratios based on h

Free cash flows, Free cash flows can be arrived at by using the following c...

Free cash flows can be arrived at by using the following calculation Operating profit before interest and tax (PBIT) +                                              Depreciati

Material facts - sample case briefing, Material Facts: The defendant'...

Material Facts: The defendant's son held an "open invitation" party at  his  parent's home.  Guests, to include minors, were  encouraged  to  "bring their own  bottle." The p

What is performance pyramid, Q. What is performance pyramid? The perfo...

Q. What is performance pyramid? The performance pyramid  Like the balanced scorecard or 6-dimensional performance matrix, the performance pyramid is a multidimensional mo

Sales Strategy for next 3 Years, Document printing company create 20 page s...

Document printing company create 20 page sales strategy for next 3 years to address Digital change and less future paper prints

Quality product, An electronics firm is presently manufacturing an item tha...

An electronics firm is presently manufacturing an item that has a variable cost of $0.50 per unit and a selling price of $1.00 per unit.  Fixed costs are$14,000 per month.  present

Calculate the earnings per share, Q. Calculate the Earnings per share? ...

Q. Calculate the Earnings per share? EPS = Profit available to ordinary shareholders (PAT)/Weighted average number of shares in issue (Pence per share) This ratio shows t

Execution schedule for an organisation''s e-strategy, 1 - Assess the resour...

1 - Assess the resource needs for executing an e-strategy in an organisation. 2 - Develop an execution schedule for an organisation's e-strategy. 3 - Assess how existing busi

Analyze and diagnose a current and significant organization, Option A. ...

Option A. Identify, analyze, and diagnose a current and significant organization problem or objective that directly involves any one or more of the following organizational be

Formal strategic planning for business, LD is the owner and manager of her ...

LD is the owner and manager of her own florist business, LD Flowers. Although starting out initially as a hobby, it has developed into a sustainable business. LD's original busines

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