how i can i write about this point of my company essay:
Outline an information system plan for performance tracking
what is an information system plan for tracking? examples?
is benchmark is the best company in the market?
this is the instructor tips to help us to write about above:
Does your company have best practices through benchmarking (Basic Task 6)? See Key Points 2 & 6. Against whom do you benchmark? The rest of the Basic Tasks through #9 form a “Contemporary Approach to Control,” which combines Informational Control with Behavioral Control (see Key Point 7). Informational Control is how you constantly gather and analyze data from the External & Internal Environments to respond to any changes (through Basic Task 7). Behavioral Control is establishing a balance between Boundaries (Basic Task 5), Rewards (Basic Task 8), and Culture (Basic Task 9). All you need now is strong leadership throughout the company, necessary resources, and a strategy-supportive structure with the right people in place (Basic Task 10). How does your company compare with these key Basic Tasks of Figure 10.1?
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Key Points Week 5 Business Brief
2- Do you and your co-managers regularly study the benchmarking data on pages 5 and 6 of each year’s GLO-BUS Statistical Review to see how well your company is doing? Do you consider the benchmarking information provided to be valuable? Why or why not? Cite three recent instances in which your examination of the benchmarking statistics has caused you and your co-managers to take corrective actions to boost company performance.
6- Do you and your co-managers have an opportunity to (a) adopt best practices or (b) use TQM or Six Sigma tools? If so, explain how your company has used these tools to try to improve strategy execution and boost company performance.
7- Following each decision round, how important is it for you and your co-managers to make corrective adjustments in either your company’s strategy or how well the strategy is being executed? Explain. What will happen to your company’s performance if you and your co-managers stick with the status quo and fail to make corrective adjustments?
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