ProjectManager.com
JANUARY 31, 2024
Relatively new, the balance scorecard was introduced in 1992 by David Norton and Robert Kaplan, by taking existing metric performance measures and adapting them to include nonfinancial information. The balanced scorecard measures four aspects of a business or organization: finance, customers, business processes and learning and growth.
ProjectManager.com
AUGUST 31, 2022
But focusing only on money disregards the processes that contribute to profits. What is operational efficiency and how can you measure it to take advantage of its benefits? Redundant processes are eliminated as is any waste found in the processes. How to Measure Operational Efficiency. Refine Your Processes.
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UPQODE
APRIL 7, 2023
Marketing operations is a vital component of any successful marketing strategy, responsible for managing the processes and technologies that support and optimize marketing campaigns. Cost-effectiveness By optimizing marketing processes, marketing operations can help reduce costs associated with marketing campaigns.
Wrike
JUNE 11, 2023
It offers a holistic approach, covering various aspects such as strategic alignment, value delivery, resource management, risk management, and performance measurement. By following the COBIT framework, organizations can establish a clear line of sight between business goals and IT processes.
Herding Cats
JUNE 9, 2018
Cognitive bias - a mistake in reasoning, evaluating, remembering, or other cognitive processes, often occurring as a result of holding onto one's preferences and beliefs regardless of contrary information. Because of that, we don't separate the thinking processes into a dual-system. A process based on tangible evidentiary materials.
Herding Cats
JANUARY 19, 2018
Have sufficient Technical Performance Measures margin to cover the required performance measure of the Capabilities. For example throughput , we need enough margin in the delivered product to meet or exceed the customer's need without spending too much time or money to provide that margin.
Herding Cats
JUNE 4, 2016
I spent the week speaking at the College of Performance Management conference where government and industry come together to work on the issues of cost, schedule, and technical performance management process improvement needed to increase the probability of program success. Technical Performance Measures.
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