Business Performance Measurement: Unifying Theory and by Andy Neely

Business Performance Measurement: Unifying Theory and by Andy Neely

By Andy Neely

Drawing jointly contributions from best thinkers worldwide, this 2007 booklet experiences advancements within the idea and perform of functionality size and administration. considerably up-to-date and converted from the 1st version, the ebook comprises ten extra chapters which assessment functionality dimension from the views of accounting, advertising, operations, public prone and supply-chain administration. as well as those sensible analyses the publication explores functionality size frameworks and methodologies, practicalities and demanding situations, and enduring questions and concerns. Edited by way of one of many world's major specialists on functionality dimension and administration, enterprise functionality dimension might be of curiosity to graduate scholars, managers and researchers who desire to comprehend extra concerning the thought and perform of functionality size and administration.

Show description

Read or Download Business Performance Measurement: Unifying Theory and Integrating Practice PDF

Best leadership books

Effective Succession Planning: Ensuring Leadership Continuity And Building Talent From Within 3rd Edition

Provides companies confirmed recommendations for deciding on skills, clarifying values, assessing present and destiny wishes and masses extra. includes a CD-ROM with immediately usable instruments.

Visionary Leadership Skills: Creating a World to Which People Want to Belong

Interested by the abilities and motivation helpful for profitable management, this article relies upon tested NLP innovations and provides replacement methods to outdated difficulties.

Ambulance Services: Leadership and Management Perspectives

This quantity offers clean insights and administration realizing of the altering position of the ambulance companies opposed to the backdrop of huge cuts in overall healthiness budgets worldwide and the altering context of pre-hospital care in the wider healthcare networks. The demanding situations of investment, education and cultural transformation are actually felt globally.

How to be an effective group leader

Armed with invoice Schul’s counsel, even the shyest individual can develop into a robust and potent chief. study goal-setting tools, keys for maximizing team participation, and the do's and don’ts of management. This how-to additionally covers the easiest how one can identify your group’s surroundings and guidance for containing efficient conferences.

Additional resources for Business Performance Measurement: Unifying Theory and Integrating Practice

Sample text

In this case, the ratios can provide the finance director with the information necessary to convince other managers that operating action needs to be taken in order 3 Risk and its association to performance measurement is discussed at length by Andrew Likierman in chapter 12. 18 David Otley to avoid financial distress. However, the primary role served by this type of performance measurement lies within the province of the finance function, and is concerned with the effective and efficient use of financial resources.

E. either total costs or operating profit) forms a single performance measure in its own right. Two major functions of budgets have been distinguished. First, a budget can be used as a financial plan, utilized by the finance department to ensure that the organization stays within its operating constraints. Second, it is much more widely used in most organizations as a tool of overall management control. Here, budget targets are set for individual responsibility centres and their operating managers, so that operating performance can be monitored and controlled.

More formally, in any period of ownership the return to a shareholder comprises the dividends received plus the increase in share price (or minus the decrease in share price) that has taken place during the period, divided by the initial share price. By way of a practical example, the average growth in share price during the 1990s on the UK stock market was somewhat in excess of 15 per cent per annum, whereas dividends have been paid at a rate of around 3 to 4 per cent per annum. Thus, the bulk of the return to shareholders was in the form of capital growth rather than dividend payments.

Download PDF sample

Rated 4.46 of 5 – based on 6 votes
Comments are closed.