How Performance Management Can Help You to Navigate Through Turbulent Times: Know Where You Are Today
Imagine that information about problems concerned with supply chains, product designs, customer orders, marketing campaigns, accounts receivable and service quality were shared around the organization in minutes instead of days and that the appropriate teams had the scope and authority to deal with them. How many problems that often fester and grow and soak up huge amounts of time and cost would be eradicated? How much more dynamic and profitable would the organization be? The benefits of fast, relevant information are incalculable. Daily and weekly updates on, for example, customer orders, product quality, customer behavior and competitor actions enable managers to make faster and more informed decisions.