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HomeHomework Helpbusiness-managementOrganizational Performance

Organizational Performance

Organizational performance refers to the assessment of how effectively an organization meets its goals and objectives, often measured through productivity, efficiency, and profitability. Organizational policies are the formal guidelines and rules that govern decision-making and behavior within the organization, influencing its culture and overall performance.

intermediate
3 hours
Business Management
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Overview

Organizational performance is a critical aspect of business management that focuses on how well an organization achieves its goals. It involves the use of performance metrics to measure success and identify areas for improvement. Policies play a vital role in guiding decision-making and ensuring tha...

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Key Terms

Performance Metrics
Quantitative measures used to gauge an organization's performance.

Example: Sales growth rate is a common performance metric.

Strategic Planning
The process of defining an organization's direction and making decisions on allocating resources.

Example: A company may create a five-year strategic plan to increase market share.

Policy
A formal guideline that dictates how decisions are made within an organization.

Example: A workplace harassment policy outlines acceptable behavior.

Continuous Improvement
An ongoing effort to enhance products, services, or processes.

Example: Kaizen is a method of continuous improvement in manufacturing.

Implementation
The process of putting a decision or plan into effect.

Example: The implementation of a new software system requires training.

Monitoring
The regular observation and recording of activities to ensure compliance.

Example: Monitoring employee performance helps identify training needs.

Related Topics

Change Management
The process of managing change within an organization to minimize resistance and costs.
intermediate
Human Resource Management
The strategic approach to managing an organization's workforce.
intermediate
Performance Appraisal
The evaluation of an employee's performance to inform decisions about promotions and raises.
intermediate
Organizational Behavior
The study of how people interact within groups in a workplace setting.
intermediate

Key Concepts

Performance MeasurementStrategic PlanningPolicy DevelopmentContinuous Improvement