Firms use various yardsticks to measure their performance. Share your thoughts, views and suggestions on how the measurements could help motivate firms in their policies and strategies.
Thanks Dr. Bell. I agree that cost centers should bring both the financial (PE ratio, EPS, profit margin etc) and non financial factors (PESTEL Politics, Economy, Social, Technology, Employees or Environment and Legal requirements) into consideration. Do we have specific measurements for specific say, banking, insurance, non-profit, health care, sectors?