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What impact do Performance Measurement Systems have?

April 26, 2017impact measurement PERFORMANCE SYSTEMS

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What impact do Performance Measurement Systems have?

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Over the past 15 years many companies have invested large amounts of time, effort and money redesigning their Performance Measurement Systems (PMS). By 2001, studies suggest that the balance scorecard (BSC) had been adopted by 44% of organisations Worldwide, 57% in the UK and more than 40% in the US. Survey data suggests that 85% of organisations will have PMS initiatives underway by the end of 2004.