Module 6 Improving Organizational Performance Flashcards

1
Q

Performance measure for one specific goal

A

KPI – Key performance indicator

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2
Q

Multiple KPIs are displayed for the big picture

A

KPI dashboard (more than on is needed)

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3
Q

What does a balanced scorecard measure?

A

CLIF – (customer, learning, internal process, financial performance) Are we meeting the strategy?

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4
Q

Advantage or Disadvantage of balanced score card? Requires time and effort to establish a meaningful scorecard

A

Disadvantage

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5
Q

Advantage or Disadvantage of balanced score card? Improves Internal and External Communication

A

Advantage

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6
Q

Balanced Scorecard: Difficult to maintain momentum

A

Disadvantage

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7
Q

Balanced Scorecard: Improves organizational alignment

A

Advantage

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8
Q

Balanced Scorecard: Links strategy to organizational

results

A

Advantage

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9
Q

KPI: Data driven results make it easier to quantify performance

A

Advantage

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10
Q

KPI: Difficult to change once set up

A

Disadvantage

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