Performance


Manpower, Methods, Machines, Materials, Money. These are the resources needed to run an organization. Any organization. When managers purchase Methods (Systems), Machines, Materials, and Money, they typically take time to spell out the criteria and expectations (performance indicators) that must be met. These indicators then serve as the basis for selection, modification, maintenance, and full utilization of the resource. In short, managers need performance indicators as the basis for managing their resources...