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Showing posts with label approach. Show all posts
Showing posts with label approach. Show all posts

Appraising Management Performance: The Bubble Management Approach

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Appraising Management Performance: The Bubble Management Approach Overviews

This is the only reference of its kind that addresses the use of probability theory to quantify the management appraisal process. Using Value-Based Risk Management (VBRM) it illustrates how management executives set quantitative goals and monitor the goals using tactical plans and unique control charts. Once preliminary goals are set, the probability of achieving them is determined and the attention of management directed to actions that can improve opportunities and reduce bottom-line risks. This book takes the subjective judgment nut of the appraisal of company managers and employees, and is perfect for human resource directors and senior managers looking for a better way to appraise employees.

FEATURES

-Contains concise tactical plans for controlling management and employee activities.

-Provides unique clothes-line charts for monitoring performance.

-Includes probability profiles showing the probability of achieving goals.

-Illustrates goal elements through management action charts, which if properly managed can improve opportunities and reduce risk to the bottom line.

-Features three separate chapters illustrating the use of the VBRM Appraisal process to production, service, and not-for-profit enterprises.


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Corporate optimal production planning with varying environmental costs: A grey compromise programming approach [An article from: European Journal of Operational Research]

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Corporate optimal production planning with varying environmental costs: A grey compromise programming approach [An article from: European Journal of Operational Research] Overviews

This digital document is a journal article from European Journal of Operational Research, published by Elsevier in 2004. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
Corporate environmental and resources management has become more strategically oriented when many pollution charges, environmental taxes, and resources conservation fees have been gradually imposing to the industry. The need for explicit consideration and incorporation of varying environmental costs within production-planning program is becoming critical to corporate management. This paper attempts to assess an optimal production-planning program in response to varying environmental costs in an uncertain environment. The optimal production strategy concerning numerous screening of possible production alternatives of dyeing cloth in a textile-dyeing firm in terms of market demand, resources availability, and impact of environmental costs is treated as an integral part of the multi-criteria decision-making framework based on the grey compromise programming approach. It covers not only the regular part of production costs and the direct income from product sales but also the emission/effluent charges and water resource fees reflecting part of the goals for internalization of external cost in a sustainable society. In particular, all the crucial variables in the model are addressed by interval expressions, the same as they are frequently applied in the grey systems theory, in support of a vital uncertainty assessment, which is much better suited for this particular study than other approaches. Research results demonstrate the applicability and significance of such an approach based on a case study. Industry looking for the competitive advantage of environmental management must be aware of the potential benefits from such an integrated production-planning program once the trend of increasing pollution charges, environmental taxes, and resources conservation fees remains.

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