Designing an effective performance measurement system (cont.) Relate to benchmarking –Against external standards Embrace participation and empowerment
{"Image DocumentName": "Designing an effective performance measurement system (cont.)", "Image ImageDescription": "Relate to benchmarking. Against external standards. Embrace participation and empowerment. To promote motivation and goal congruence. Include only a few performance measures. Rule of thumb is that no person should be responsible for more than four or five measures. Link to rewards. Motivational. Copyright \uf0e3 2009 McGraw-Hill Australia Pty Ltd PowerPoint Slides t/a Management Accounting 5e by Langfield-Smith. Prepared by Kim Langfield-Smith.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}