Read Why do business professionals choose ready-to-use KPIs? to find out the answers to these questions:
Ideally, you need to have a strategy (in a form of a strategy map) before you start thinking about the ways to measure its execution (KPIs). Don't have a strategy map yet? Use free Strategy Map Wizard to create a strategy map for your current business challenges. The wizard will:
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Awards are a way to provide recognition to the ones who manage to distinguish themselves in the field they operate by creating something extraordinary. Apart from making the person realize that his/her attempts count, these acts promote more such efforts from others who work in the same area.
One gets acquainted with the culture of rewards very early at the school and university level itself, in the form of scholarships that are granted to the deserving ones, however a few of these that confer international appreciation are something that demands immense efforts on a constant basis for years.
Any agency that deals in such decisions should follow an impartial and real approach towards the subject so as not to taint the image of organizers. In this direction, awards scorecard comes to help in giving a statistical look to the whole process, thereby eliminating the subjectivity from the job.
The accolades go to those who are worth receiving it and the organization earns repute for its unbiased declarations. This is to say that by adopting metrics for putting down the progress, one can keep an account of how things have been proceeding and work for their improvements.
This is the actual scorecard with Awards Dashboard and performance indicators. The performance indicators include: performance based, % increase in individual output, adherence to schedule, % of tasks completed before time, overall effectiveness as a part of team, quality and attitude based, number of quality complaints., complaints reported by colleagues, number of operational delays, number of positive feedbacks, loyalty based, time of service, number of referrals provided, number of confidential matters handled effectively, % attendance, responsibility based, team conflict management initiatives, number of failure analysis activities handled, number of inter-departmental operations handled, number of international operations handled.
Download a trial version of Awards Estimation Balanced Scorecard or purchase a full version online.
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