list and describe three of the indicators (i.e., measures) used to monitor and evaluate the effectiveness of a performance management system. When or how often should such evaluations take place? Of the measures you selected, which one would be the most important in understanding effectiveness? Why is it difficult (or not difficult) for organizations to measure the effectiveness of their performance management system? Please share any experience you have in this area.

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter12: Purchasing And Supply Chain Analysis: Tools And Techniques
Section: Chapter Questions
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list and describe three of the indicators (i.e., measures) used to monitor and evaluate the effectiveness of a performance management system.

When or how often should such evaluations take place?

Of the measures you selected, which one would be the most important in understanding effectiveness?

Why is it difficult (or not difficult) for organizations to measure the effectiveness of their performance management system?

Please share any experience you have in this area.

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