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Topic : Performance Management
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management audt

Created by : ravi kishore, Freelancer, Freelancer ; Faculty Bangalore University  | 02 25 2010 16:45:36 +0000
Keywords : management inefficiency
Activity:  117 views;  last activity : 07 06 2010 20:18:09 +0000

According to a survey study that I am conducting across manufacturing and service industries, I find the management efficiency is only about 15%. This in fact is one of the causes to push up prices in a very indirect way through high overheads. 

 
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In a management audit, conducted in some industries, we have defined efficiency as value addition. By the end of the audit we have accounted for value addition of about 15% only. Share of management costs in overheads is nearly 85%.


By ravi kishore, Freelancer, Freelancer ; Faculty Bangalore University  | 02 25 2010 16:45:36 +0000
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