Unlike commercial organization which are profit orientated, there are non-profit organizations like charities, public services,etc which are expected to break-even instead of making profit. In this non-profit organization, there are no profit centres or investment centres but we will still see a decentralized environment with revenue and cost centres.
Unable to use such ratio like return […]

Very often, Return On Capital Employed (ROCE) or also known as Return On Investment (ROI) is used in many divisional performance evaluation as ROCE measures the relationship between a division’s profit and the amount of the group has invested in the division.
At a quick glance profit percentage of capital employed, profit % of sales and […]

For the survey, management consulting firm Hay Group surveyed financial analysts, executives and directors at 347 companies with revenues of more than US$8bil last fall;
Companies were scored on eight key areas of leadership:

Innovation
Quality of management
People management
Financial soundness
Use of corporate assets
Long-term investment
Social responsibility
Product/services quality

Further details:
§         In the 2007 list, only 15 companies with headquarters outside the […]

In my earlier article, I have put up many advantages of setting TPM within an organization. But there are also practical challenges/problems/issues that we will normally see during the implementation of this TPM.
 
This is appended below:
 

Employees do not know how to set up their key performance areas(KPA) and the corresponding key performance indicators(KPI);

In my earlier article on Targeted Performance Management, we have touched on the following:

Overview & the purpose of TPM,
What are the principle underlying TPM,
The various stages of process flow of TPM,

Ways to improve Performance measurement system:
 
We shall now focus on the ways, where we can improve the performance measurement system or framework.
 
The following improvements are […]