TITLE

Improving Corporate Performance Measures To Drive Results

AUTHOR(S)
Miller, Jack; Israel, Eric
PUB. DATE
July 2002
SOURCE
Financial Executive;Jul/Aug2002, Vol. 18 Issue 5, p51
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article refers to a survey of executives in the United States and Europe that was conducted by KPMG LLP and the report "Achieving Measurable Performance Improvement in a Changing World: The Search for New Insights." Leaders noted the need for dependable information that can be used in decision making and responding to market conditions. Performance measures that support organizational goals should be based on leading, concurrent, and lagging indicators, focused on entity-level and process- or department-levels, and have the capability to calculate risk exposure. Management gap and organizational transparency are mentioned, as well as the strategy of Royal Dutch/Shell Group for addressing financial, operational, and functional efficiency.
ACCESSION #
11873388

 

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