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Performance Prism

This topic has 3 replies, 2 voices, and was last updated 6 years ago by Ken Garrett.

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April 16, 2016 at 11:08 am #310346
zulfi245
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1- If question ask to apply performance prism ( does not mention about performance measures) do we have to mention performance measures for each facet.

2- having difficulty in producing measures for Strategy and process. (How they will be different) Example would help

Thanks
April 17, 2016 at 11:23 am #310427
Ken Garrett
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Generally the performance prism will be asked in the context of a question where you have to apply it so I think that a couple of performance measures for each face would produce a more useful answer.

Strategy: could be cost leadership.
Process: could be high reliance on advanced automation and JIT
Resources: sophisticated IT to allow accurate forecasting of demand, scheduling of machinery use and ordering of parts.
April 17, 2016 at 5:24 pm #310473
zulfi245
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Thanks .

for second part Measures could be

Strategy-Cost per unit
Process- No of errors after IT implementation vs Before implementation

Right ? /guide me
April 17, 2016 at 10:01 pm #310552
Ken Garrett
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That would be fine.
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