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3 key concepts of business success
When it comes to business success, there are three key concepts that are often discussed: Corporate performance management (CPM), Strategy execution, and HR appraisals. But what is the difference between these three concepts, and how do they work together to drive business success?
Managing risk
Kippy makes it easy to manage all aspects of organisation risk, and how that relates to you corporate strategy. Kippy does this by allowing all your users to enter and track risk at Team, Project and Task level. All these risk items are then collated in to a single company-wide Risk report ....
Personal goals and self-appraisals
You have probably heard old adages like "“If You Fail to Plan, You Are Planning to Fail” .... or the slightly catchier, "Fail to prepare, prepare to fail". Well, setting personal goals and introspection can definitely help. As well as the obvious benefits of having a longer-term vision for career progression - they can also help with ....
Which Type of KPI is the Best
There are many types of KPI. It is important to keep a balanced perspective by selecting KPIs that cover the breadth and indicate the health of an organization. For example, when a doctor sees a new patient, they will conduct a series of measurements, such as blood pressure, height and weight...
Performance Management in “new” Public Sector!
In public sector, there has also been a worldwide interest in the models of so-called “New Managerialism” and “New Public Sector Management”. These models are based on a fundamental concept that public sector organizations can borrow many of the management strategies from the private sector...
Target Setting Purpose, Criteria, and Common Weaknesses
A well-designed strategic plan requires establishing of targets that are designed to stretch and push the organization forward in meeting its strategic objectives. One common place to start in setting a target is to look at past performance and current baselines...
If You Wish To Debate With Me, Define Your Terms
Fuzzy strategic objective is a common issue that has to be addressed at early stage. "If you wish to debate with me, define your terms." Aristotle's advice is equally valid for managing organizations. Translating strategy to operation requires clarity and specifics...
The Art of KPI Selections
Perhaps it is fairly easy to find suitable financial KPIs for an organization, but this task is not that easy when applied to more subjective or vague areas (i.e. customer feedback, people development, and internal processes). To make KPI selection more systematic, it is recommended first to have a flexible and creative mindset when developing KPIs...
Leadership, Ownership and Responsibility in Strategic Plan Implementation
If an organization is expecting to execute strategy well, it must drive behavioral changes within the organization. Building a strong team of leaders to communicate and champion the strategic plan is essential. This issue could be one of the most challenging tasks...
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