Performance metrics for processes are an area of much regulatory interest currently. There isn’t always a readily available clear definition of what is needed, however, and guidance from regulators is ...
Process performance metrics of eight different mechanical devices were assessed to evaluate compliance with regulatory and compendial criteria. Quality by design (QbD) was an initiative introduced by ...
Business owners must be able to gauge whether or not an employee is meeting performance standards. Developing a process that enables managers to appraise performance through objective metrics is ...
At its core business process management is the administrative activities aimed at (1) defining a process, (2) establishing responsibilities, (3) evaluating process performance and (4) identifying ...
The growth of scientific management in the early 20th century equipped the business community with various tools designed to reduce costs and improve efficiency. In most companies today, organized ...
For companies, practicing good performance management leaves an open-door policy that can strengthen the relationship and communication between both employees and managers. Using tactics like having ...
I am a big believer in process mining. My devotion to the approach is partly based on a strong belief in the value of a process orientation; I don’t think organizations can improve their operations ...
When a company is in its early days, there probably won’t be much of a performance review process in place. Reviews and reflections happen organically with a small team, and the structure or resources ...
Calculate the true cost of your performance management system. Then ask yourself about the return on investment.