Monitoring Business Performance : Models, Methods, and Tools
by
Per Lind
Book Details
Format
Paperback / Softback
ISBN-10
1138617970
ISBN-13
9781138617971
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jun 8th, 2018
Print length
226 Pages
Weight
370 grams
Dimensions
15.20 x 22.70 x 2.00 cms
Product Classification:
Production & quality control managementOperational research
Ksh 8,800.00
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Performance assessment is often based on models that are poor interpretations or descriptions of reality. This book examines the models underlying popular business methods and tools and highlights the assumptions that undermine their effectiveness.
The idea of using models to inform business practice seems appealing, as it suggests the abstraction and control of a large, complex subject by means of a smaller, easily manipulated mechanism. In reality, however, many models prove inadequate when translated into business methods. Monitoring Business Performance – Models, Methods and Tools elucidates how the assumptions and perceptions that guide performance assessment are often based on models that are poor interpretations and descriptions of reality.
In this book, the author scrutinizes the models underlying a number of well-known business methods and tools, and sheds light on the assumptions and subjective perceptions that undermine their effectiveness. In doing so, he offers a unique criticism of accepting business models without questioning their relevance and applicability, and highlights the need to treat models as hypotheses, rather than as certainties.
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