Performance Measurement

How Partner Compensation Affects Strategy in Professional Services Firms

How Partner Compensation Affects Strategy in Professional Services Firms The way the partners are rewarded in professional services firms can have a dramatic effect on the development and, more importantly,…

Measuring the Results of Strategic Activates

Measuring the Results of Strategic Activates If you can’t measure it, you can’t manage it. In its simplest form, the implementation of a strategic/business plan is essentially the management of a…

How Measuring Results Helps People to Commit to Change

How Measuring Results Helps People to Commit to Change Creating a new strategy for your business almost always results in introducing new ideas, initiatives and change. Measuring results can help…

What is the SMART Criteria?

What is the SMART Criteria? SMART is an acronym for Specific, Measurable, Achievable, Relevant and Time Bound. It is most often used to guide the setting of objectives and goals.…

The Unintended Consequences of Setting Performance Targets

The Unintended Consequences of Setting Performance Targets Setting targets and subsequently measuring performance against those targets is a common management practice in many organisations. When done properly it can be an effective way…

How The Balanced Scorecard Helps Implement the Strategic Plan

How The Balanced Scorecard Helps Implement the Strategic Plan Implementing a strategic plan can be a complex process, involving many components, both inside and outwith the organisation. This includes the…

What is the Balanced Scorecard?

What is the Balanced Scorecard? Measuring performance is critical to the efficient management of any business. It is, however, important that the correct performance metrics are being measured. Information relating…

How a Firm’s Remuneration System Can Impact Attaining its Strategic Goals

How a Firm’s Remuneration System Can Impact Attaining its Strategic Goals In many professional services firms their partner remuneration is often based on their personal performance rather than the performance…

How do we Measure the Progress Towards Achieving our Business Goals?

How do we Measure the Progress Towards Achieving our Business Goals? Establishing goals is only part of the work in a business plan. Once the goals have been explained to the…

Performance Measurement

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