SIMA.pptx - Cod Electrical Motors(Cod For manufactures Different European domestic appliance manufacturers Use in appliance Cod has been in business

SIMA.pptx - Cod Electrical Motors(Cod For manufactures...

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Cod Electrical Motors (Cod) manufactures Use in appliance For Different European domestic appliance manufacturers.
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Cod has been in business obtain For producing reliable, low-cost motors
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Cod has recently rewritten its mission statement Cod Electrical Motors is committed to providing competitively priced, high quality products with service exceeding customer expectations. We will add value to our business relationships by investing in product development and highly trained personnel The board has recognized that its existing key performance indicators (KPIs) do not capture the features of the corporate mission. It is worried that the staff see the mission statement as a public relations exercise rather than the communication of Cod’s vision.
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Unformatted text preview: Key features of performances measures Effectiveness of the business Efficiency of the resource Internal and external measure performance Should comprise financial and non-financial method Make clear the different dimension Employee motivation Cover short-term and long-term performance Flexible a) Assess whether the current key performance indicators (KPIs) meet the expected features of a modern performance system. The key performance at cod fail to have these feature • Focused on financial performance • Have no strong external feature • How they link employee motivation b) Explain how the performance pyramid (Lynch and Cross) can help Cod’s board to reach its goal of a coherent set of performance measures....
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  • Fall '14
  • dr.ian

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