Measuring Profitability Performance

Measuring Profitability Performance

Measuring Profitability Performance

Teams need to be able to measure their own effectiveness in team working for two reasons:

  1. Identify where things are wrong, quickly, in order to put them right
  2. Know when they are doing OK so they can get on with their work confidently

Therefore, teams need a simple framework to guide them in checking that they are effective in the ways they need to be. One simple framework is called PERFORM – an acronym for the seven dimensions of effectiveness it comprises.

Productivity (or Outcomes)

Most important of the dimensions because it is about whether the team is getting the job done.