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New Report 'Effectively Managing Performance Measurement Systems' Identifies Organizations That Have Been Successful At Using Their Measurement Systems


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© Business Wire 2008
2008-07-24 19:48:04 -

www.researchandmarkets.com - Research and Markets (www.researchandmarkets.com/research/9efac1/effectively_managi) has announced the addition of the "Effectively Managing Performance Measurement Systems" report to their offering.

Organizations understand that in order to thrive in a competitive environment, they must make their processes deliver products and services better, faster, and cheaper. It is crucial for leaders to monitor performance

in order to make correct and timely management decisions. Measurement is at the core of process and performance management and is a key enabler for developing and executing organizational strategies and business goals. Although much has been written about the actual design of measurement system frameworks, little light has been shed on the actual techniques used to manage these measurement systems once they have been implemented.

With this in mind, this report identifies organizations that have been successful at using their measurement systems to drive organizational performance and identify the key management strategies and activities that have driven their success. This report summarizes results from a study conducted to pull back the "magician's curtain." The study team discovered and compared the innovative and successful practices that take an organization beyond the development and static use of a performance measurement system to sustaining and actively using a performance measurement system that encompasses enterprise objectives, individual behaviors, and business results.

Highlights of the Findings:

- Partners measure what matters to the organization.

- Partners embed their measurement systems in their daily operations.

- Partners reflect the maturity of their business models within their measurement systems.

- Partners' measurement systems are flexible.

- Partners embrace simplicity in their organizational measurement systems.

- Partners effectively managed change while developing their current measurement system.

- Partners use the measurement system as a vehicle to communicate performance of the enterprise, operations, and individuals to employees.

- Partners' measurement systems are an integral part of the organizations' cultures.

- Partners have defined roles and processes for all measurement activity.

- Partners have a bias for action.

Key Topics Covered:

Sponsor and Partner Organizations

Executive Summary

Study Findings

Chapter 1 -- Alignment

Chapter 2 -- Processes for Sustainability

Chapter 3 -- Enablers for Sustainability

Chapter 4 -- Impact of the Performance Measurement System

Chapter 5 -- Lessons Learned

Partner Organization Case Studies

Companies Mentioned:

- Bank of America Corp.

- Crown Castle International Corp.

- JetBlue Airways Corp.

- L.L. Bean Inc.

- Saturn Corp.

For more information visit www.researchandmarkets.com/research/9efac1/effectively_managi

Research and Markets
Laura Wood
Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com


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