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Match the following statements to the correct steps Track and repeat progress measurement Identify the key performance metrics Collect internal and external data on performance Step 1 Choose... • Choose... • Choose external companies or industry indicators to benchmark Choose... • Adapt and implement the best practices Choose... • Analyse the data and identify opportunities for improvement Choose... • Establish benchmarking objectives Select what to benchmark 1. measures Measure operational efficacy Generally compared to a baseline measure Usually, direct financial impact is readily available 2. measures Choose... • Choose... ⚫ 0 ㅁ 0 3. 0 Determine success or failure Comparison against budgeted expectations May need some efforts to be quantified where direct financial impact is not available measures Measure quality standard ㅁ Benchmark usually set for industry standard of quality or close to thereof. D May need efforts to translate the quality impact in financial terms 4. measures Determine compliance status

Match the following statements to the correct steps Track and repeat progress measurement Identify the key performance metrics Collect internal and external data on performance Step 1 Choose... • Choose... • Choose external companies or industry indicators to benchmark Choose... • Adapt and implement the best practices Choose... • Analyse the data and identify opportunities for improvement Choose... • Establish benchmarking objectives Select what to benchmark 1. measures Measure operational efficacy Generally compared to a baseline measure Usually, direct financial impact is readily available 2. measures Choose... • Choose... ⚫ 0 ㅁ 0 3. 0 Determine success or failure Comparison against budgeted expectations May need some efforts to be quantified where direct financial impact is not available measures Measure quality standard ㅁ Benchmark usually set for industry standard of quality or close to thereof. D May need efforts to translate the quality impact in financial terms 4. measures Determine compliance status

Database System Concepts
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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Match the following statements to the correct steps Track and repeat progress measurement Identify the key performance metrics Collect internal and external data on performance Step 1 Choose... • Choose... • Choose external companies or industry indicators to benchmark Choose... • Adapt and implement the best practices Choose... • Analyse the data and identify opportunities for improvement Choose... • Establish benchmarking objectives Select what to benchmark 1. measures Measure operational efficacy Generally compared to a baseline measure Usually, direct financial impact is readily available 2. measures Choose... • Choose... ⚫ 0 ㅁ 0 3. 0 Determine success or failure Comparison against budgeted expectations May need some efforts to be quantified where direct financial impact is not available measures Measure quality standard ㅁ Benchmark usually set for industry standard of quality or close to thereof. D May need efforts to translate the quality impact in financial terms 4. measures Determine compliance status
Transcribed Image Text:Match the following statements to the correct steps Track and repeat progress measurement Identify the key performance metrics Collect internal and external data on performance Step 1 Choose... • Choose... • Choose external companies or industry indicators to benchmark Choose... • Adapt and implement the best practices Choose... • Analyse the data and identify opportunities for improvement Choose... • Establish benchmarking objectives Select what to benchmark 1. measures Measure operational efficacy Generally compared to a baseline measure Usually, direct financial impact is readily available 2. measures Choose... • Choose... ⚫ 0 ㅁ 0 3. 0 Determine success or failure Comparison against budgeted expectations May need some efforts to be quantified where direct financial impact is not available measures Measure quality standard ㅁ Benchmark usually set for industry standard of quality or close to thereof. D May need efforts to translate the quality impact in financial terms 4. measures Determine compliance status
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