Performance evaluation serves as a health check on operations and individuals’ work. The organizational maturity notion signifies the progress of an organization in terms of developing its people, processes, technology, and capability by implementing quality practices. Organizations aiming to achieve the highest maturity levels in performance need to take care of the intricacies involved in deploying a Performance Management system and the relationships it has with the other key organizational
dashboards (3)
Business dashboards are important tools to measure key performance indicators and data pertaining to an organization or certain procedure. Just as a vehicle dashboard is powerful performance management tool in summarizing a performance of a multitude of processes, a business dashboard summarizes the performance or impact of a host of functions, teams, and activities; and assists in Strategic Planning and decision making.
Business dashboards simplify sharing and analysis of large data, and help
A recent debate between risk analysts on how to report risk, resulted in several suggestions but the discussion was reduced to comparing one chart type with another. Reporting risk really needs to be more holistic and it should take in a wider perspective of alternate measures of uncertainty found in a firm.
Risk Dashboards achieve this end and we'll take a look at a couple of them in this blog [ CLICK LINK ] ...
