Best Tips and Home Remedies

 

 

 

 Best Business Tips and Strategies information channel:
More free ebooks online:
 Advertising | Affiliate revenue sharing  | 
Auctions  |  Blogging  |  Crafts & Hobbies  |  Currency Trading  |  Home Remedies Tips |
 Mesothelioma lung cancer and asbestos | 
Mortgage and refinance |  Pets  |  Web Site design  |

We would like to thank the local libraries, schools, and universities for recommending students to visit us when doing research on any of our information topics.
Please check back frequently as new topics are added and current topics are updated daily.
 

 



Ad your free banner at www.AdViews.info

The 10 Biggest Mistakes People Make Managing Organizational Performance


mistake #1: rely just on financial statements

Profit and loss, revenue and expenses these are measures of important things to a business. But they are information that is too little and too late. Too little in the sense that other results matter too, such as customer satisfaction, customer loyalty, customer advocacy. Too late in the sense that by the time you see bad results, the damage is already done. Wouldn't it be better to know that profit was likely to fall before it actually did fall, and in time to prevent it from falling?

mistake #2: look only at this month, last month, year to date

Most financial performance reports summarize your financial results in four values: 1) actual this month; 2) actual last month; 3) % variance between them; and 4) year to date. Even if you are measuring and monitoring non-financial results, you may still be using this format. It encourages you to react to % variances (differences between this month and last month) which suggest performance has declined such as any % variation greater than 5 or 10 percent (usually arbitrarily set). Do you honestly expect the % variance to always show improvement? And if it doesn't, does that really mean things have gotten bad and you have to fix them? What about the natural and unavoidable variation that affects everything, the fact that no two things are ever exactly alike? Relying on % variations runs a great risk that you are reacting to problems that aren't really there, or not reacting to problems which are really there that you didn't see. Wouldn't you rather have your reports reliably tell you when there really was a problem that needed your attention, instead of wasting your time and effort chasing every single variation?

mistake #3: set goals without ways to measure and monitor them

Business planning is a process that is well established in most organizations, which means they generally have a set of goals or objectives (sometimes cascaded down through the different management levels of the organization). What is interesting though, is that the majority of these goals or objectives are not measured well. Where measures have been nominated for them, they are usually something like this: Implement a customer relationship management system into the organization by June 2006 (for a goal of improving customer loyalty) This is not a measure at all it is an activity. Measures are ongoing feedback of the degree to which something is happening. If this goal were measured well, the measure would be evidence of how much customer loyalty the organization had, such as tracking repeat business from customers. How will you know if your goals, the changes you want to make in your organization, are really happening, and that you are not wasting your valuable effort and money, without real feedback?

mistake #4: use brainstorming (or other poor methods) to select measures

Brainstorming, looking at available data, or adopting other organizations' measures are many of the reasons why we end up with measures that aren't useful and usable. Brainstorming produces too much information and therefore too many measures, it rarely encourages a strong enough focus on the specific goal to be measured, everyone's understanding of the goal is not sufficiently tested, and the bigger picture is not taken into account (such as unintended consequences, relationships to other objectives/goals). Looking at available data means that important and valuable new data will never be identified and collected, and organizational improvement is constrained by the knowledge you already have. Adopting other organizations' measures, or industry accepted measures, is like adopting their goals, and ignoring the unique strategic direction that sets your organization apart from the pack. Wouldn't you rather know that the measures you select are the most useful and feasible evidence of your organization's goals?

mistake #5: rely on scorecard technology as the performance measure fix

You can (and maybe you did) spend millions of dollars on technology to solve your performance measurement problems. The business intelligence, data mining and 'score carding' software available today promises many things like comprehensive business intelligence reporting, award-winning data visualization, and balanced scorecard and score carding and an information flow that transcends organizational silos, diverse computing platforms and niche tools .. and delivers access to the insights that drive shareholder value. Wow! But there's a problem lurking in the shadows of these promises. You still need to be able to clearly articulate what you want to know, what you want to measure and what kinds of signals you need those measures to flag for you. The software is amazing at automating the reporting of the measures to you, but it just won't do the thinking about what it should report to you.

mistake #6: use tables, instead of graphs, to report performance

Tables are a very common way to present performance measures, no doubt in part a legacy from the original financial reports that management accountants provided (and still provide today) to decision makers. They are familiar, but they are ineffective. Tables encourage you to focus on the points of data, which is the same as not seeing the forest for the trees. As a manager, you aren't just managing performance today or this month. You are managing performance over the medium to long term. And the power to do that well comes from focusing on the patterns in your data, not the points of data themselves. Patterns like gradual changes over time, sudden shifts or abrupt changes through time, events that stand apart from the normal pattern of variation in performance. And graphs are the best way to display patterns.

mistake #7: fail to identify how performance measures relate to one other

A group of decision makers sit around the meeting room table and one by one they go over the performance measure results. They look at the result, decide if it is good or bad, agree on an action to take, then move on to the next measure. They might as well be having a series of independent discussions, one for each measure. Performance measures might track different parts of the organization, but because organizations are systems made up of lots of different but very inter-related parts, the measures must be inter-related too. One measure cannot be improved without affecting or changing another area of the organization. Without knowing how measures relate to one another and using this knowledge to interpret measure results, decision makers will fail to find the real, fundamental causes of performance results.

mistake #8: exclude staff from performance analysis and improvement

One of the main reasons that staff get cynical about collecting performance data is that they never see any value come from that data. Managers more often than not will sit in their meeting rooms and come up with measures they want and then delegate the job of bringing those measures to life to staff. Staff who weren't involved in the discussion to design those measures, weren't able to get a deeper understanding of why those measures matter, what they really mean, how they will be used, weren't able to contribute their knowledge about the best types of data to use or the availability and integrity of the data required. And usually the same staff producing the measures don't ever get to see how the managers use those measures and what decisions come from them. When people aren't part of the design process of measures, they find it near impossible to feel a sense of ownership of the process to bring those measures to life. When people don't get feedback about how the measures are used, they can do little more than believe they wasted their time and energy.

mistake #9: collect too much useless data, and not enough relevant data

Data collection is certainly a cost. If it isn't consuming the time of people employed to get the work done, then it is some kind of technological system consuming money. And data is also an asset, part of the structural foundation of organizational knowledge. But too many organizations haven't made the link between the knowledge they need to have and the data they actually collect. They collect data because it has always been collected, or because other organizations collect the same data, or because it is easy to collect, of because someone once needed it for a one-off analysis and so they might as well keep collecting it in case it is needed again. They are overloaded with data, they don't have the data they really need and they are exhausted and cannot cope with the idea of collecting any more data. Performance measures that are well designed are an essential part of streamlining the scope of data collected by your organization, by linking the knowledge your organization needs with the data it ought to be collecting.

mistake #10: use performance measures to reward and punish people

One practice that a lot of organizations are still doing is using performance measures as the basis for rewarding and punishing people. They are failing to support culture of learning by not tolerating mistakes and focusing on failure. It is very rare that a single person can have complete control over any single area of performance. In organizations of more than 5 or 6 people, the results are undeniably a team's product, not an individual's product. When people are judged by performance measures, they will do what they can to reduce the risk to them of embarrassment, missing a promotion, being disciplined or even given the sack. They will modify or distort the data, they will report the measures in a way that shows a more favorable result (yes - you can lie with statistics), they will not learn about what really drives organizational performance and they will not know how to best invest the organization's resources to get the best improvements in performance.


Todays News by officejax free advertising and ad exchange solutionsMORE RESOURCES updated Sat. April / 21 / 2018
This RSS feed URL is deprecated
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Effective Home Remedies To Stop Hiccups - Medical Daily

Medical Daily

Effective Home Remedies To Stop Hiccups
Medical Daily
When it comes to hiccup treatments, there is no known cure widely accepted by experts. The lack of clear scientific evidence and medical literature has made it difficult to separate possibly effective techniques from old wives' tales. But here are a ...


Home Remedies In Your Kitchen - Mother Earth News (press release) (blog)

Mother Earth News (press release) (blog)

Home Remedies In Your Kitchen
Mother Earth News (press release) (blog)
I love exploring various home remedies, and am a strong believer in everyone raising a patch of medicinal herbs in the yard, on a balcony, or even in a row of pots on the windowsill. Mint, rosemary, sage and lavender are all easy-to-grow, delicious ...


Suffering from sore throat? Home remedies to get quick relief - International Business Times, India Edition

International Business Times, India Edition

Suffering from sore throat? Home remedies to get quick relief
International Business Times, India Edition
Sore throat is a very common problem but the pain, itchiness, or irritation can be annoying. Moreover, it's worse when you try to swallow foods and liquids. A trip to a doctor for a mere sore throat isn't something that everyone prefers, so if you're ...


Few studies about home remedies exist - Youngstown Vindicator

Few studies about home remedies exist
Youngstown Vindicator
Home remedies usually get short shrift from health professionals. That's because they are rarely studied in a scientific manner. Without a plausible explanation, clinicians may attribute these old wives' tales to the power of suggestion. Every so often ...


Effective home remedies for nose-bleeding - Hivisasa

Hivisasa

Effective home remedies for nose-bleeding
Hivisasa
Nose bleeding is a major cause for concern since it can lead to excessive bleeding. A bleeding nose can be as a result of various reasons like excessive sneezing, dry winter air, injury, allergies, respiratory problems among others. No need to panic ...


5 Home Remedies For Gout - Prevention.com

Prevention.com

5 Home Remedies For Gout
Prevention.com
Urate crystals build up in the joints, bringing on the telltale inflammation and pain. While treatment for gout often requires medication, there are ways to control your gout symptoms without popping pills. Exercise and avoiding foods that spike your ...


VERIFY: Will these 'home remedies' help with your allergies? - 11Alive.com WXIA

11Alive.com WXIA

VERIFY: Will these 'home remedies' help with your allergies?
11Alive.com WXIA
ATLANTA — Springtime in Georgia means it's also time for the yearly battle with allergies. It can lead allergy sufferers to seek any means to alleviate the constant sneezing, runny noses and eyes, and even breathing problems. MORE | The pollen count ...

and more »

5 best ways to remove blemishes naturally - Times of India

Times of India

5 best ways to remove blemishes naturally
Times of India
If you love socialising but that ugly blemish on your face is forcing you to hide from the world then here's help. Unpleasant blemishes can appear anywhere on the body in the form of skin discolouration or dark spots, but the ones on the face are most ...


Get rid of stains with these home remedies - Southlands Sun

Southlands Sun

Get rid of stains with these home remedies
Southlands Sun
Why spend a lot of money on cleaning products to get rid of stains when you could just use items you already have in your home? Here are some stain-removing tips for your home. 13 hours ago. Whether you have kids that constantly stain walls and ...


Heat Stroke: 6 Best Home Remedies - Doctor NDTV

Doctor NDTV

Heat Stroke: 6 Best Home Remedies
Doctor NDTV
A heat stroke can be very disabling. But it can be treated with the help of some home remedies. Read here. By: DoctorNDTV | Updated: Apr 17, 2018 06:36 IST. 3-Min Read. Shares. Heat Stroke: 6 Best Home Remedies. Staying outside for too long during the ...

and more »

Google News

Akron roofing contractors locator find a recommended roofing contractor in Akron Ohio read consumer reviews                   Click here to place your AD on this page for free

university of akron university housing available

OfficeJax free ad space available here

Akron City Directory
City Directory of products and services

www.AccessFreedom.Does.It
Home improvements
 remodeling for the disabled

www.Akron.Has.It
City of Akron small business directory

www.NoGas.Drives.It
AMAZING Stealth 1000 electric scooters
The most powerful electric transportation on the market for under $1000.00
Test drive it today!

www.access-freedom.info

 

Officejax flea market in akron ohio open 24 hrs for online shopping

[Back to Top]

auction news and listings for Akron, Ohio

Akron crafts and hobby news center

Akron currency trading

Akron Ohio pet news

Advertising and promotions Akron, Ohio

The Akron blogging news center

lung mesothelioma asbestos

Akron Ohio web site design news

Akron Mortgaging and refinancing

Best Home Remedies and do it yourself tips

 

HOME | SITE MAP
© 2012 - 2018 All Rights Reserved