Business performance management is a critical part of planning and monitoring the growth and progress of any business.
Business performance refers to how well a company meets its goals and objectives. It can be measured in several ways: financial performance, customer satisfaction, employee engagement, or productivity.
By tracking and analysing business performance, companies can identify areas for improvement, make informed decisions, and take action to achieve better results.
Ultimately, strong business performance can lead to higher profitability, increased market share, and a more competitive position in the market.
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Strategic process is a planning process of setting business goals and creating an action plan to implement the strategies. By having a clear and well-defined strategic plan, a business increases its chances of achieving its goals and staying competitive in the marketplace. In this article, we will discuss the strategic planning process in detail, including […]
SWOT Analysis is a simple four-box process that can be applied to all most any business and in any industry. Offering a way to discover and evaluate internal and external strengths and weaknesses. By identifying these factors, a business can develop strategies to take advantage of its strengths and opportunities while also addressing its weaknesses […]
Seek out evidence that supports what we already believe, and ignore the information.
The process that makes sure customers understand your product or service so they can get the best possible benefits.
Critical success factors create a point of reference for team members to follow.
Indicates a company’s ability for self-improvement.
Initiative to align strategic objectives with all business activities.
Make it easy for organisations to streamline process enhancement and develop behaviours that decrease risks.
Measure how well a business is achieving its key objectives.
Goal setting methodology that helps set business goals.