Measurement Madness: Recognizing and Avoiding the Pitfalls of Performance Measurement - Hardcover

Micheli, Pietro; Pavlov, Andrey; Gray, Dina

Hardcover

ISBN 10: 1119970709 ISBN 13: 9781119970705

Publisher: Wiley, 2014

Synopsis

A clearer, more accurate performance management strategy Over the past two decades, performance measurement has profoundly changed societies, organizations and the way we live and work. We can now access incredible quantities of data, display, review and report complex information in real time, and monitor employees and processes in detail. But have all these investments in collecting, analysing and reporting data helped companies, governments and people perform better? Measurement Madness is an engaging read, full of anecdotes so peculiar you'll hardly believe them. Each one highlights a performance measurement initiative that went wrong, explains why and most importantly shows you how to avoid making the same mistake yourself. The dangers of poorly designed performance measurement are numerous, and even the best how-to guides don't explain how to avoid them. Measurement Madness fills in the gap, showing how to ensure you re measuring the right things, rewarding the behaviours that deserve rewarding, and interpreting results in a way that will improve things rather than complicate them. This book will help you to recognize, correct and even avoid common performance measurement problems, including: * Measuring for the sake of measuring * Assuming that measurement is an instant fix for performance issues * Comparing sets of data that have nothing in common and hoping to learn something * Using targets and rewards to promote certain behaviours, and achieving exactly the opposite ones. Reading Measurement Madness will enable you to design a simple, effective performance measurement system, which will have the intended result of creating value in your organization.

About this title

Product Description:

Rare book

From the Back Cover:

Measurement Madness

"What a refreshing read - instead of another manual on how to design and deploy measurement systems, this book looks at the real issues associated with measurement and how to avoid 'measurement madness'. A must read for anyone involved in improving their organization's measurement approaches."
--Professor Andy Neely, University of Cambridge; author of The Performance Prism

"Measurement drives behaviours in mysterious ways. Human beings seem the one factor that messes up those carefully designed measurement systems. Measurement Madness makes the only sane argument: performance measurement is meant to affect people's behaviours, and functional and dysfunctional behaviours follow certain patterns. If you want your measurement system to work in practice, Gray, Micheli and Pavlov are your guides."
--Frank Buytendijk, Research VP at Gartner; author of Performance Leadership

"Performance measurement is at the very core of management. How can anyone be better if they don't know how good they are? Yet, devising a good performance measurement system requires a profound understanding of how people actually behave when they are measured. This book is very welcome, as it is both wise and practical, full of sensible advice and extremely readable."
--Professor Nigel Slack, University of Warwick; author of Operations Management

"We tend to assume that a performance measurement system is a tool to check how an organization is doing. In practice, its role is mainly to direct behaviours. This book provides excellent illustrations of how and why such behaviours can end up being very positive or absolutely perverse."
--Anna D'Alessandro, CFO at Westminster City Council

"Getting performance measures to work effectively for a business is always a challenge. This book provides great ideas for navigating that tricky path."
--Mark Baker, Head of Risk and Financial Planning, Pentland Brands

About this edition

• Publisher: Wiley
• Publication date: 2014
• ISBN 10: 1119970709
• ISBN 13: 9781119970705
• Binding: Hardcover
• Edition number: 1
• Number of pages: 240