Monitoring Business Performance

Models, Methods, and Tools

Business & Finance, Industries & Professions, Quality Control, Management & Leadership, Management Science, Management
Cover of the book Monitoring Business Performance by Per Lind, Taylor and Francis
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Author: Per Lind ISBN: 9781135044961
Publisher: Taylor and Francis Publication: July 11, 2014
Imprint: Routledge Language: English
Author: Per Lind
ISBN: 9781135044961
Publisher: Taylor and Francis
Publication: July 11, 2014
Imprint: Routledge
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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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