1000+ documents containing “company performance”.
Company Performance
One of the most important aspects for determining the success, performance, and profitability of a company is performance measurement. Performance measurement is basically described as a system that improves individual performance towards supporting and realizing organizational performance. The measurement of company performance has attracted considerable attention in the recent past because of its significance towards the achievement of continuous improvement in a business. Additionally, performance measurement is regarded as the process for determining how individuals and organizations have been successful in achieving desired objectives and implementing strategies (Amaratunga, Kulatunga & Baldry, n.d.). Given its significance, there are several ways for measuring company performance to help improve success and profitability.
Eight Performance Measures
As previously mentioned, there are several measures for determining a company's performance relative to its business strategies, objectives, and goals. These performance measures have been developed and are utilized to examine various aspects that relate to performance. These….
strong sense of external community correlate with exceptional company performance?
Large multinationals are well-known for their involvement in supporting the community they work in and also for their support for sports, humanitarian and social causes. The profitability and high visibility of these companies in external community activities certainly makes one believe that external community involvement and exceptional company performance go hand in hand.
A closer analysis of the community relation exercise shows that in many cases such involvement is an extension of business activities. The multi-billion dollar profits, of course give the exceptional performers the ability to buy the goodwill of political parties, news media, and the community in general to look after their present and future interests.
Whatever the motives, external community involvement shows that the company is performing well and has greater ambitions. External community involvement is also a result of increased social awareness and there are cases where profitability….
performance bonuses at companies. There are four subjects. The first is about the use of bonuses -- would I make use of them? Then there is the question of evaluating people based on specific performance measures. Then there is the question of group bonuses and whether or not those are a good idea. Lastly I explain why I wouldn't institute a bonus program.
The role of the human resources department is to structure and implement the human resources strategy in such a way as to help the company to achieve its strategic objectives. There are a number of different ways that this can be achieved. One such way is through performance bonuses, which help to orient employees to specific types of behavior. This paper will analyze the issue of employee bonuses, taking a lot at some of the relevant data on the subject.
Use of Bonuses
Personally, as a manager, I would….
Competitive Advantage and Employee Compensation
Indicate whether you agree or disagree with following statement: "Individual incentive plans are less preferable than group incentives and companywide incentives" Explain your answers.
Providing incentive plans for employees can be a complex assignment. hile employee motivation comes from within, it is incumbent upon the organization to find ways of channeling that motivation into a commitment to the goals of the broader organization. According to available research, the best way to do this is to structure and incentivization and compensation plan that is consistent, standardized and streamlined. This can be especially difficult to achieve in the context of an individual incentive plan. Here, the differentiation between incentive opportunities depending on position or even on individual may threaten the morale and motivation of personnel who feel slighted by the hierarchy.
According to the text by the VisionLink Advisory Group (2011), the reason that group incentive plans are preferable is….
(Jabal Omar Development Corporation 2010)
Kuwait
Since 2008, the real estate market in Kuwait has been continually declining. The reason why is because the economy was largely depending upon oil revenues. However, in 2010 the sector began witnessing an increase in prices. This is because of the Kuwaiti government was aggressively promoting the tourism industry. As developers are expecting a strong increase in foreign direct investment, due to the governments push to expand the sector. As a result, holiday and residential areas in Kuwait are continuing to boom. (Finkelstein)
In the housing industry, there are large numbers of shortages that are affecting prices. What has been happening is the residential sector has been facing restrictions over the last several years, surrounding building permits. As the government was slow to endorse them, which created a rush on new areas that were approved for development. At the same time, the government has placed various….
Based on the assessment of the sample features in terms of capital size and value of the property portfolio, an observation is made in the fact that a proportion is kept between the two. In other words, the property companies in Jordan, Egypt and Syria seem to be prudential and correlate their capital sizes with the values of their portfolios.
3. esults and analysis of the Jordanian property companies
The results of the implemented questionnaire are revealed throughout the table below:
a (%)
b
c d e f g
Total (%)
Q3.
30
70
x x x
Q4.
40
60
x x x
Q5.
60
20
15
5
x x x
Q6.
Portfolio diversification
10
10
60
13
7
x x
Shortage of commercial properties
5
50
15
20
10
x x
Availability and choice
10
60
10
10
10
x x
Strong performance
70
20
5
3
2
x x
Greater understanding
71
9
10
6
4
x x
Q7. Lack of stocks
15
15
50
20
0
x x
Competition
20
20
40
15
5
x x
Market depth
40
30
20
10
X
x x
Transparency and data availability
85
8
7
0
0
x x
Political uncertainties
90
7
3
0
0
x x
Q8.
70
20
10
0
x x x
Q9.
30
15
15
40
x x x
Q10.
40
20
40
0
x x x
Q12.
60
10
30
x x x x
Q13.
20
30
30
20
x x x
Q15.
30
30
20
20
x x x
Q16.
65
20
10
5
x x
X
Q17.
UAE
10
Qatar
10
Egypt
60
KSA
5
Kuwait
4
Jordan
11
Other
0
Critical
Very important
Important
Less important
Unimportant
x x x
Q18.
30
60
7
3
0
x x
Q19.
55
35
10
0
0
x x
Q20.
30
70
0
0
0
x x
Q21.
65
35
0
0
0
x x
Q22.
70
20
10
0
0
x x
Q23.
73
27
0
0
0
x x
Q24.
15
68
12
5
0
x x
Q25.
22
58
10
10
0
x x
Q26.
80
20
0
0
0
x x
Q27.
13
77
10
0
0
x x
Q28.
20
80
0
0
0
x x
Q29.
77
23
0
0
0
x x
Q30.
69
15
0
16
0
x x
Q31.
27
23
50
5
0
x x
Q32.
23
67
10
0
0
x x
Q33.
80
15
5
0
0
x….
ith Domino's UK, the company has in its annual report and in its press releases outlined its future expansion plans. There are figures readily available with respect to trends in its same store growth and with respect to its dividend policy. All of these factors should, in theory at least, be included in the current share price. The first step in valuing the company will be to ensure that this is the case.
Given that the price of the company today is expected to be the fair value of the company's future earnings, an acquiring firm would need to consider in its valuation the worth of Domino's as part of its operations. Thus, a bid would need to be done on the belief that its acquisition of Domino's would make Domino's more valuable than it already is. This is the concept of synergy, defined as "the specific increases in performance….
All of these are admittedly challenging problems and the key to lasting change is that employees must first identify and internalize the need and desire for change for these strategies to succeed.
eferences
Yuen H. Chan, obert . Taylor, Scott Markham. "The ole of Subordinates' Trust in a Social Exchange-driven Psychological Empowerment Process. " Journal of Managerial Issues 20.4 (2008): 444-467,421-422. ABI/INFOM Global. ProQuest, 1 Mar. 2009
Fulkerson, John ., and andall S. Schuler.. "Managing worldwide diversity at Pepsi-Cola International." Diversity in the workplace: Human resources initiatives. 248-276. New York, NY U.S.: Guilford Press, 1992. PsycINFO. EBSCO. [2 Mar. 2009
Ann Gilley, Jerry W. Gilley, Heather S. McMillan. "Organizational change: Motivation, communication, and leadership effectiveness. " Performance Improvement Quarterly 21.4 (2009): 75. ABI/INFOM Global. ProQuest. 1 Mar. 2009
Edward Martin. "Employers boost perks to build workforce loyalty. " the Business Journal 22 Sep. 1997: 30. ABI/INFOM Dateline. ProQuest. 2 Mar. 2009
Amanda Nottage.. "Pepsi's challenge.….
By the nature of their work, they have access to a lot of valuable information that can be used to provide measures in performance assessment systems. Additionally, management accountants are already oriented towards many actions that focus on improving efficient, productivity and profitability. Management accountants therefore have the expertise needed to understand what measures are best aligned with the company's objectives. If they are involved in the development of assessment systems, the systems will be stronger.
For the most part, the measures in performance assessment systems are reliable and accurate. The emphasis that these systems has on quantitative analysis means that most measure are not subject to much subjectivity. The systems are, however, only as good as the quality of the measurement processes. If there are faults in the measurement process then there will also be faults in the data, and ultimately in the interpretation of that data. It is….
This was accomplished by: breaking down into small teams and having everyone work directly with some of the top executives at the firm (i.e. Steve Jobs). This created an atmosphere that encouraged employees to discuss their ideas and the impact they are having on consumers. It is at this point, that Apple was able to integrate these different ideas into their performance evaluation procedures. (Stone 38 -- 40) (Snell 143 -- 179)
Conclusion
Clearly, the performance evaluation system that Apple is using is helping the firm to attract and retain the best employees. This is because there is a focus on ensuring that all candidates for a position meet: the basic educational and experience qualifications. During the next stage, is when they will be subject to: a series of interviews, a practical exam and other criteria. This allows the company to decide which individuals would be the best choice for the….
A survey will be developed as a part of implementation of the BSC system in this hospital to track customer satisfaction with the services that they receive here.
A positive image of the organization translates into repeat business and a more positive reputation in the neighborhood, Patient satisfaction translates into increased future revenues. It also has some positive impact on risk assessment as well. The more satisfied the customer is, the less likely they will file an adverse lawsuit against the hospital. Patient satisfaction has a direct impact on the profitability of the organization. The number of complains that the facility receives can also be an important measure of the overall customer satisfaction. However, this number alone may not tell the entire story. A customer survey is the best method for addressing overall satisfaction with the facility.
Patient involvement was another important indicator of BSC technologies. Patient involvement means providing numerous….
Performance Measures
In this text, I concern myself with performance measurement. In addition to a performance measure of my choice, some of the other performance measures I will discuss include EVA, OI, and operating leverage. In so doing, I will not only compute the said performance measures but also reflect on their advantages and disadvantages. My companies of choice for this discussion are Apple Inc. And Google Inc.
Performance Measures: Computations
Formula
Apple
Google
Degree of Operating Leverage
% Change in EBIT/
%Change in Sales
eturn on Investment
Operating Profit / Total Assets
Economic Value Added
NOPAT -- (WACC * Investment)
Gross Profit Margin
Sales -- COGS / Sales
Degree of Operating Leverage (DOL)
Operating leverage in the words of Stickney and Weil (2007) "refers to the tendency of net income to rise at a faster rate than sales in the presence of fixed costs" (p. 792). In that regard therefore, a business with a DOL that happens to be high could be more risky than….
Together these metrics will help the firm understand where the project stands and how has it really impacted the performance of both the firm as a whole and the employees as part of its system. The firm is a major manufacturer of cosmetic products. It can measure its brand equity by comparing it with other brands in the same category. Higher sales on their own are important but when compared to rival's growth, they make more sense and can be explained more easily to senior management.
The impact of this performance improvement project
The impact can be assessed from the benefits that would accrue to the firm. Greater impact will be felt in employee efficiency and productivity. More coordinated research will bring about better results in all areas including marketing and sales.
Strategies and approaches could be used to "sell" the project to Management
The management may not understand the whole metrics thing.….
Do not penalize strong performers for being members of strong teams. Lackluster employees would be penalized because no one would want them on their 'team.' Now, there is an incentive to work with weak employees, to boost one's own relative performance rating. This idea seems strong, and although it world reduce competition on work teams, as there would be less jockeying for power and the chance to win the highest team ranking, on the other hand, such a system would seem to be more in keeping with Microsoft's emphasis on company cohesiveness, a company committed to driving its mission of innovation forward and boasts that its greatest reward is allowing its employees to work together "with great people," and have an impact" as a member of a team not merely as an individual ("Employee Profile: David -- HR General Manager," 2006, Careers -- United States Microsoft ebsite).
orks Cited
Employee Profile:….
Performance-Based Contracting
Since federal contracting began, the federal government has continuously sought ways to manage and more efficiently execute the contracting process. The enduring goal is to achieve maximum effectiveness and ensuring the desired contract outcomes are reached by the contracted party. One tool to achieve this end is the Performance-Based Contract introduced in the early 1990's as a child of Performance Based Acquisition (PBA). This paper will discuss the history of Performance-Based Contracting as well as the benefits, goals and outcomes of this relatively new and innovative contracting initiative.
History of Performance-Based Contracts
Performance-Based Contracts stemmed from reforms made in 1993-1994 as a result of the President's Management Agenda. The President's Management Agenda gave birth to the Government Performance and Results of Act of 1993 as well as the Federal Acquisition Streamlining Act of 1994. Performance-Based Acquisition (PBA) is the materialization of the reforms mandated in the above mentioned Acts. Performance-Based Contracts….
Business - Operations
Company Performance One of the most important aspects for determining the success, performance, and profitability of a company is performance measurement. Performance measurement is basically described as a system…
Read Full Paper ❯Business
strong sense of external community correlate with exceptional company performance? Large multinationals are well-known for their involvement in supporting the community they work in and also for their support…
Read Full Paper ❯Careers
performance bonuses at companies. There are four subjects. The first is about the use of bonuses -- would I make use of them? Then there is the question…
Read Full Paper ❯Careers
Competitive Advantage and Employee Compensation Indicate whether you agree or disagree with following statement: "Individual incentive plans are less preferable than group incentives and companywide incentives" Explain your answers. Providing incentive…
Read Full Paper ❯Urban Studies
(Jabal Omar Development Corporation 2010) Kuwait Since 2008, the real estate market in Kuwait has been continually declining. The reason why is because the economy was largely depending upon oil…
Read Full Paper ❯Urban Studies
Based on the assessment of the sample features in terms of capital size and value of the property portfolio, an observation is made in the fact that a proportion…
Read Full Paper ❯Business
ith Domino's UK, the company has in its annual report and in its press releases outlined its future expansion plans. There are figures readily available with respect to…
Read Full Paper ❯Business
All of these are admittedly challenging problems and the key to lasting change is that employees must first identify and internalize the need and desire for change for…
Read Full Paper ❯Business - Management
By the nature of their work, they have access to a lot of valuable information that can be used to provide measures in performance assessment systems. Additionally, management…
Read Full Paper ❯Business - Management
This was accomplished by: breaking down into small teams and having everyone work directly with some of the top executives at the firm (i.e. Steve Jobs). This created…
Read Full Paper ❯Healthcare
A survey will be developed as a part of implementation of the BSC system in this hospital to track customer satisfaction with the services that they receive here. A…
Read Full Paper ❯Economics
Performance Measures In this text, I concern myself with performance measurement. In addition to a performance measure of my choice, some of the other performance measures I will discuss include…
Read Full Paper ❯Business - Management
Together these metrics will help the firm understand where the project stands and how has it really impacted the performance of both the firm as a whole and…
Read Full Paper ❯Education - Computers
Do not penalize strong performers for being members of strong teams. Lackluster employees would be penalized because no one would want them on their 'team.' Now, there is…
Read Full Paper ❯Government
Performance-Based Contracting Since federal contracting began, the federal government has continuously sought ways to manage and more efficiently execute the contracting process. The enduring goal is to achieve maximum effectiveness…
Read Full Paper ❯