oboloo

oboloo Glossary

Performance Improvement

oboloo Glossary

Performance Improvement

Performance Improvement Definition

In business, performance improvement is the process of identifying and implementing ways to improve the efficiency and effectiveness of an organization. It can be used to identify and improve upon any aspect of an organization, from individual employee productivity to overall company performance.

There are many different approaches that can be taken to performance improvement, but all share the same goal: to help an organization operate more effectively. Some common methods of performance improvement include process mapping, process redesign, Six Sigma, and lean principles.

No matter what approach is taken, performance improvement always requires careful planning and execution. Without a clear plan and goals in mind, it can be difficult to measure the success of any improvements made. Additionally, it’s important to involve all stakeholders in the performance improvement process so that everyone is on board with the changes being made.

If you’re looking to improve the performance of your organization, there are many resources available to help you get started. The first step is to assess where your organization currently stands and identify areas that could use some improvement. Once you have a good understanding of what needs to be done, you can start researching different performance improvement methods and selecting the one that best suits your needs.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971