How to measure organizational performance?
Organizational performance can be measured in a number of ways, as following:
Measurement of development and survival
In order to identify if an organization likely to achieves its predetermined goals and keeps enhancing, it is needed to measure the growth and ability to survive of the organization.
Measurement of environment-friendly performance
Measuring the right fit between the environmental needs and internal competencies and resources are able to perform better. Strong organizational performances indicate the balance of high employee satisfaction and productivity with low costs and turnover rates.
Measurement of relevancy
Organizational performance is attained when businesses use the best resources to address the complex needs of all stakeholders. Investors, employees, and others.