Improving Organizational Performance Flashcards

1
Q

a performance
measurement that organizations use to quantify their level of
success… “SMART” criteria

A

KPI

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2
Q

purpose of the is to include in a company’s goals some objectives that may not affect the
company’s current financial performance but do affect the company’s long-term performance.

A

balanced scorecard

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3
Q

useful for organizations to determine how successful they are in various categories

Financials; Customer; Internal Business Processes; Learning and Growth

A
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4
Q

Actual Performance

Target Performance

A

Variance

Negative Variance = Fell Short

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5
Q

quantifies how strong an organization’s customer relations

are

A

Net Promoter Score

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