Explain how acquiring business needs would be beneficial in the context of Business Performance Management.
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Explain how acquiring business needs would be beneficial in the context of Business Performance Management.
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Solved in 2 steps
- Describe the benefits of obtaining business needs in the context of business performance management.What role does allocating resources play in ensuring the implementation of business strategies for a business that sells gas-powered appliances?Discuss the following as a business performance indicators 1. Productivity [sales volume] 2. Revenue growth 3. Value maximization 4. Customer satisfaction
- Describe how organizational culture and the use of performance criteria and standards affect the remaining components of a performance management system.How can resources be used most effectively to satisfy consumer needs?analyze and provide an example of four (4) basic terms that are associated with measurement and evaluation. how can measurement and performance chain can be applied to help improve organizational success. how can business performance can be impacted in both a positive and negative way and provide an example of how the negative can be transformed into a positive leading to organizational success. Distinguish the role ethics play and provide a real-world example of an organization that was impacted by the ethics of their employees in either a positive or negative manner.
- Discuss the role of employee training and development at your organization. How does employee training and development factor into your organization’s strategic planning and contribute to its competitive advantage? What recommendations would you make to your leadership to improve training and development at your organization?What are the key causes that currently provide significant difficulties for managers, and describe the consequences of these obstacles.In what strategic ways can an organization effectively navigate and mitigate the challenges posed by a staffing shortage, implementing measures that ensure sustained productivity, employee well-being, and operational resilience?