Management by Measurement : Designing Key Indicators and Performance Measurement Systems

Management by Measurement : Designing Key Indicators and Performance Measurement Systems

Author
Fiorenzo Franceschini, Maurizio Galetto, Domenico Maisano
Publication Year
2007
Publisher
Springer
Language
English
Document Type
Book
Faculty / Subject Heading
Business Administration

The selection of good performance indicators is not an easy process. This monograph focuses on the designing of a Performance Measurement System (PMS), knowing that "magic rules" to identify them do not exist. Some indicators seem right and easy to measure, but have subtle, counter-productive consequences. Other indicators are more difficult to measure, but focus the enterprise on those decisions and actions that are critical to success. This book suggests how to identify indicators that achieve a balance in these effects and enhance long-term profitability.


Keywords: Business and Economics / Balanced Scorecard / Key Performance Indicators / Management / Performance Dashboard / Quality Management / Resource Allocation / Organization / Organizations