Loading...

Course Description

Understanding efficiency begins with a clear and detailed view of exactly where, and to what extent, actual measured performance differs from what it should be. In this lesson, you will analyze how organizations use their budgets to specify what performance “should be” by spelling out a comprehensive set of performance standards. You will then examine the process of drill-down analysis, which can be used to assess efficiency in every dimension of the organization in detail, so that a single manager can be said to “own”, or be responsible, for any given variance. Finally, you will explore what it means for a manager to be responsible, authoritative, or accountable and how organizations assign credit or blame.

Benefits to the Learner

  • Distinguish between static and flexible performance standards
  • Examine how organizations use their budgets to specify what performance "should be" by spelling out a comprehensive set of performance standards
  • Explore what it means for a manager to have responsibility, authority, or accountability, and for organizations to assign credit or blame
Loading...
Thank you for your interest in this course. Unfortunately, the course you have selected is currently not open for enrollment. Please complete a Course Inquiry so that we may promptly notify you when enrollment opens.
Required fields are indicated by .