- What to change?
- Results or performance
- ROE Chart
- Cascading to functional departments
- To sections and individual workers
- Where to change? - that gives maximum impact
- Critical performance gaps
- Key Result Areas
- Strategic Maps
- How to change.
- copycats - best practices
- innovation - when
- Measuring change
- Key Performance Indicators
- Key efficiency indicators
- When to change?
- Performance planning
- Action plan
- Performance recognition
- How to freeze the change
- Systems design
- Continuous improvement
- performance planning and appraisals
Gaps are identified by comparing the performance of the company against a bench marked company in the same industry. Positive performance indicate strengths whereas the opposite shows weaknesses. Thereafter, proper winning strategies could be formulated and best practices could be recognized and adopted. All the above could be drawn objectively from the financial statements rather than relying on subjective opinion surveys which are popularly but wrongly applied in TNA.
Saturday, June 8, 2013
Managing Change****
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every managers responsibility
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