HARSHA NAGARAJAIAH

Performance measurement is the process of collecting, analyzing and reporting information regarding the performance of an individual, group, organization, system or component. One of the most important aspects to be considered in relation to performance measurement process is that the performance measures work qualitatively to provide the useful information about products, processes and services that are produced in a business. Hence, implementing performance measures is a great way to understand and manage and improve what a a business organization does. The measurement of performance is a continuous process which involves checking the performance against the standards that have been fixed to be followed. It leads to compare the actual performance with the established standards. A manager needs to supervise, observe and control the activities of his subordinates while he is involved in studying various summaries or reports, so that he may manage the work in an effective manner getting the things accomplished in a desirable manner. It requires the manager to constantly check the performance in order to take corrective actions in case of deviations ensuring that such deviations do not occur gain. Thus the Performance measurement is an ongoing, continuous improvement operation. “If you try to control everything, you may end up controlling nothing.” The importance of performance measurement system lies in the fact that it not only improves the performance, but also the productivity of a business entity by reducing costs. It is a good way to align the activities with the plans being established. It provides necessary feedback that the activities may be guided accordingly by allowing managers to implement best practices. It may thus be said that performance measurement process is a great way to understand, manage and improve the overall functioning state of a business organization. If done effectively and efficiently, it drives success in business definitely.

Personal Excellence is: “To touch others’ lives, help them achieve their highest potential and live their best lives.” No matter who you are or what you do, thinking that you have unlimited potential to achieve everything you have ever wanted by evaluating strength and weakness and later focussing on areas of improvement Process excellance is the one which Icreates a framework for continuous process and business performance improvement. Process Excellence sets standards and help us to deliver measurable performance in everything we do Business excellence is Business Excellence is often described as outstanding practices in managing the organisation and achieving results, all based on a set of fundamental concepts or values like below, Shared Strategic Direction Process Design & Improvement Performance Measurement & Feedback Knowledge Capture & Leverage Leadership & Management of Change Operational excellence is A creation of the workplace where problem-solving, teamwork, and leadership results in the ongoing improvement in an organization. The process involves focusing on the customers' needs, keeping the employees positive and empowered, and continually improving the current activities in the workplace.