Assessment of Performance Measurement in - St Clements University

Efficiency: The sound management of resources to maximize the returns
from them.
Visionary strategies: Strategies created by strong, visionary strategist.
E-V-R confluence: The effective matching of an organization’s resources
(R) with the demands of its environment (E). A successful and sustained
match has to be managed and frequently requires change; successfully
achieving this depends on the organization culture and value (V)
Financial control: the term used to describe the form of control normally
found in a holding company structure.
Focus strategy: Concentration of one or a limited number of market
segments or niches.
Functional Strategies: The strategies for the various function carried out
by an organization, including marketing production, financial management
information management, research and development, human resource
management.
Stakeholder: Any individual or group capable of affecting the actions and
performance of an organization.
Strategy: The means by which organization achieve their objectives and
purpose. There can be strategy for each product and/or service and for the
organization as a whole.
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