Organizational performance definition

Organizational performance means the operational performance at corporate, Directorate, Department, Division, Section or Unit level.
Organizational performance. , can assess in various means based on the intent. Meanwhile, any procedure used, the Performance of the organization is the output of that organization. [39] identifies three types of performance measures as vital components in any outsourcing performance measurement system: strategic measures; financial measures; and quality measures. Other studies use additional dimensions of market performance such as costs savings, cycle time, customer satisfaction, and productivity to measure the effectiveness of outsourcing strategy [40]. The Performance of organization is the output of that organization, which can measure in terms of profitability. Profitability can measure in terms of savings of cost, focus on core business, Reduction in spending on fixed assets, reduction in his or her amount of tax paid and Increase turnover (Sales). In tracing the relevance of outsourcing to organizational performance also, many authors including [41],[42],and [8] submitted that, outsourcing can improve organizational performance when applied as an organizational strategy. Outsourcing one’s business processes can improve one’s competitive edge [8].The reason behind this is that outsourcing reduces business costs [42],[8], [43]. Organizations may choose to outsource with certain business aims in mind. The aim might be the need to improve on financial performance [7]. Most often, such organizations are aware that outsourcing firms may offer them an opportunity to work cheaply through efficient technology and economies of scale. By minimizing costs, organizations can achieve their economic related goals and this enhances their organizational performance [38]
Organizational performance means the performance of an organisation in order to achieve its goals and objectives (Cho and Dansereau 2010). (Tomal and Jones, 2015) give a distinct definition of organisational performance; according to them, organisational performance is the actual results and output measured against the desired or targeted results of any organization. Non-financial and financial parameters measure the performance of any organization. Profit and sales are included in the financial parameters. The market share of the organisation is included in non-financial parameters (Newbert, 2008). To assess the performance of any organization, the two most important elements to consider are profitability and the growth of that organisation (Agha et al., 2011). Competitive advantage boosts the organization's financial and nonfinancial performance. Other than competitive advantage, technology used in the production of goods and services and legal protection of intellectual property are also used to improve the performance of any organization.

Examples of Organizational performance in a sentence

  • Organizational performance means attainment of ultimate objectives of the organization as set out in the strategic plan.

  • Organizational performance is enhanced through staff development.

  • Organizational performance to ensure College resources are used effectively to promote their goals, mission and values – proposing adjustments where necessary.

  • Organizational performance is described as an organization’s ability to acquire and utilize its scarce resources and valuables as expeditiously as possible in the pursuit of its operations goals (Griffins, 2006).

  • Organizational performance refers to how well an organization achieves its market-oriented goals as well as its financial goals.

  • Organizational performance is determined on the basis of ▇▇▇ and operational efficiencies.

Related to Organizational performance

  • Final Performance means the Final Valuation Price divided by the Initial Price(Settlement) each in respect of the Worst Performing Underlying Asset as calculated in respect of the Final Valuation Date. "Final Valuation Date" means 29 November 2027, subject to adjustment.

  • Substantial Performance means the stage of completion when:

  • Environmental Performance all or any of the following: (a) the consumption of energy and associated generation of greenhouse gas emissions; (b) the consumption of water; (c) waste generation and management; and (d) any other environmental impact arising from the use or operation of the Building or any part(s) of it;

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;

  • Certificate of Total Performance means a certificate issued indicating that the Work has been achieved;