In the late 1980s, there was a revolution

In the late 1980s, there was a revolution made on how businesses are managed and this is through the usage of the balanced scorecard. This is a management tool whose target is to see if the simple activities of the rank and file employees affect the overall goals of the organization. As part of the business scorecard, an organization needs to Oakley Sunglasses,develop a set of Key Performance Indicators to measure the effectiveness of the employees’ work. Obviously, identifying what needs to be measured is not a simple process. There has to be a procedure that needs to be done and this is dubbed KPI methodology.

In some organizations, KPI or Key Performance Indicators do not only focus on the employee’s performance. Some companies also measure the overall effectiveness of their equipment and machines. And this is very important since no matter how much employees want to perform well, they will face great challenges if the machines they work with are defective.This approach in taking care of equipment is called Overall Equipment Carrera Sunglasses, Effectiveness. Commonly abbreviated as OEE, this is something that is mostly used in the manufacturing industry. This is precisely because there are machines and equipment in the manufacturing industry or factories, as opposed to other companies, such as customer service or business process outsourcing.