Highlights
Task 1: Monitoring Performance
1. Why is it important for organizations to monitor performance?
2. How did you determine which areas of the bank should be monitored?
3. What are some of the challenges faced by managers when developing programs to monitor performance?
Task 2: Performance Reports
1. How do performance reports assist organizations to understand performance levels?
2. What are some examples of performance reports that exist within the workplace?
3. What are some of the challenges faced by managers when using performance reports to analyze performance?
4. What would you do if you identified a discrepancy or issue in a performance report? For example, the report says that the actual spend is in excess of budget but this is not what you believe to be the case.
Task 3: Promoting Continuous Improvement
1. What are the potential benefits to organizations that promote continuous improvement as an essential part of doing business?
2. What are some of the challenges faced by managers in promoting continuous improvement?
3. How can each of the four elements (management, inputs, internal operations and outputs) assist managers to achieve this?
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