HRM 2044

Measuring Organisational Success

E-Presentation

This assignment requires you to identify:

• your organisation’s goals and objectives • to identify existing systems used for

measuring success • to review the success (or otherwise?) in

relation to the goals being met• recommendations to improve organisational

performance Study Guide: p.7-8Maximum of 20 PowerPoint slides

Presentation Structure

• You have 20 slides maximum• You need to include a commentary for each slide• Remember your audience is senior managers in your organisation• Allow 2 slides to introduce yourself and the purpose of your presentation• It will be helpful to use the framework of the Balanced Scorecard for your presentation• Remember to include conclusions and recommendations• You should have a slide for references, but this will not count in your total

• Give your organisation’s goals and objectives • Identify existing systems used for measuring success

Mission and Vision Statements

Eg: Saatchi & Saatchi Worldwide:

"To be revered as the hothouse for world-changing creative ideas that transform our clients' businesses and reputations."

Does it have a value proposition of customers?

Does it inspire present and prospective employees?

What is your organisation's mission statement?

What is your organisation's vision statement?

Marr, B. (2010) How to Design a Strategy Map, Management Case Study, The Advanced PerformanceInstitute (www.ap-institute.com)

Goals and Objectives?

One main advantage of the Balanced Scorecard is that the measurable areas can be customised to the company and its goals.

• What areas do you think your company (department) actively measures?

• Are there adequate processes in place to measure accurately?

• What additional areas do you think it would

be useful to measure?

Financial Focus

Strategic Objectives

Performance

Measurements

Targets Initiatives

Decrease costs Reduce operating costs

Reduce wastage by X%

Identify areas of most waste then implement a waste reduction scheme

Increase revenue

Customer

Strategic Objectives

Performance

Measurements

Targets Initiatives

Increase market share

Internal Business Process

Strategic Objectives

Performance

Measurements

Targets Initiatives

Increase efficiency

Learning and Growth

Strategic Objectives

Performance

Measurements

Targets Initiatives

Improve use of technology

Review the success of the organisation

• How does the organisation know it is meeting its targets?

• How often does it review its performance against targets?

• Does it concentrate more than on one aspect of the Balanced Score Card than others?

• Does this make good business sense?

Recommendations

• Select no more than three main recommendations

• Link them to the information you have already provided

• Explain the cost/benefit of implementing them

• Make a link to the Balanced Score Card as to how this will improve the business

E-presentation Assessment Criteria Extent to which the student has

• produced a well structured professional and informative PowerPoint presentation on the topic.

• included slides, commentary notes, handouts (if relevant) and appropriate academic referencing.

• accurately identified and described the organisation’s goals and objectives .

• identified existing measurement systems within their organization.

• evaluated the success of existing measurement systems.

• developed their knowledge and understanding of tools for measuring organisational success.

• made recommendations on changes/improvements to the existing measurement systems

Our next session will be:

04/02/2013 Assignment 2 - Overview

……..meanwhile email me for support or feedback on draft assignments.