MEGA: Performance Analysis Without Risk Means Nothing
Posted: 9 September 2013
When establishing corporate strategies and goals, are you integrating performance monitoring and management into your enterprise transformation programs?
How do you make sure performance assessment integrates risks? And by the way, what is performance? Is it just a number? Is performance a number of units produced per day, for instance?
Then how do you know if this number is good or bad? Is it then rather the same number checked against a target objective?
Where does that target number come from? Is it realistic? Does it take into account likely risks?
Is it dependent on another target objective earlier in the process chain?
Do we believe that everything will simply tie itself together? Strategy, risk, processes, objectives, performance…