Traditionally, business measurement - what analysts call "business intelligence" - has been based on the analysis of data extracted after the fact from past operations of implicit business processes.
Economic Value Added (EVA), or economic rent , is a widely recognized tool that is used to measure the efficiency with which a company has used its resources. In other words, EVA is the difference between return achieved on resources invested and the cost of resources. Higher the EVA, better the level of resource utilization.
Measuring cleaner production (CP) is of critical importance. Management must use appropriate indicators, which are generally applicable, yet specifically measurable, and address both the productivity and environmental aspects of the system in an integrated fashion. The indicators should enable not only estimation of the CP of a product or process and its comparison with other equivalents, but also improvement of the existing process or product and the development of new products.
Jack Welch , the former legendary CEO of GE, made quality the job of every employee . Senior manager's bonuses were tied to Six Sigma results. Welch credits the Six Sigma quality initiative with "changing the DNA of the company", meaning that it has had a greater impact on the productivity of GE than any other program. To help their businesses to track progress in the six sigma program, GE designed five corporate measures : Customer satisfaction ; Cost of poor quality ; Supplier quality ; Internal performance ; and Design for manufacturability .
Inputs Processes Outputs The Corporate Performance Analysis System Information on Actual vs. Planned Performance Measurement Comparison Diagnosis Inference Deciding Evaluations Corrective actions Internal Environment External Environment