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Performance and Performance Evaluation. Rong-Tsu Wang. Performance. Definition measurement in the extent of achieving organization goals. Performance. Composition Efficiency Effectiveness Satisfaction. Performance. Performance Evaluation. Definition Planned Scientific
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Performance and Performance Evaluation Rong-Tsu Wang
Performance • Definition measurement in the extent of achieving organization goals
Performance • Composition • Efficiency • Effectiveness • Satisfaction
Performance Evaluation • Definition • Planned • Scientific • Reduce bias • Control
Performance Evaluation • Scope • Production • Marketing • Execution • Finance • R & D
Performance Evaluation • Problem Characteristics • multi-attribute • multi-criteria • multi-hierarchy
Performance Evaluation • Characteristics between Indicators • Substitution • Independence • Confliction
Performance Evaluation • Indicator Types • quantitative • qualitative
Performance Evaluation • Basic Framework
Application of Transport Industry • Cycle of operation activities of an enterprise
Application of Transport Industry • Operation Performance • Production Efficiency: to measure the resources expended to produce output • Marketing Efficiency: to measure the extent to which output is used • Execution Efficiency: to measure the output used against the resources expended
Application of Transport Industry • The 9 major evaluation categories • Under the ambit of transport: • Labor • Transport Output • Equipment • Passenger • Under the ambit of finance: • Assets • Debts • Capital • Expense • Income/Loss
Application of Transport Industry • The Performance Evaluation Items
The Steps for Performance Evaluation • Step1: to form conceptual framework • Step2: to produce initial evaluation indicator set • Step3: to conduct those indicators (fuzzy or crisp)
The Steps for Performance Evaluation • Step4: to group those indicators • Step5: to select representative indicators from within each group • Step6: to decide weight of each representative indicators
The Steps for Performance Evaluation • Step7: to calculate the grade and rank • Step8: to analysis and discuss the result • Step9: to conclude and suggest