Assessment of Performance Measurement in - St Clements University

Today, companies like Sears, Rockbuck, Dow Channel and Dayton
Hudson have adopted performance measurement of their business unit
based on total operation and awarding incentive pay based on
performance of competitors. Recently, more and more corporate
boardrooms are looking for other measures to reflect growth in
shareholders expectations and encourage strategic decision instead of
short term planning.
The need for the search for more variables especially qualitative
variables that impact on business strategy and performance has
informed this study. The study therefore used some selected companies
in KADUNA, Nigeria for this investigation. Also, the assessment of these
variables in measuring performance will assist business strategist in
making sure that safe and sound strategy is based on adequate
understanding of these variables.
1.3 OBJECTIVES OF THE STUDY
The objectives of this study will include:
1. To elucidate greater understanding on the measurement of firms’
performance in business strategy implementation control
2. To identify the key performance indicators and assess their
suitability in business strategy planning and implementation
3. To evaluate the relative impact of each of these indicators
identified on the long run strategy of companies.
4. To carry out a comparative analysis of both quantitative and
qualitative performance.
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