Business and Management
What happens to the risk associated with the insured performance attribute?
Take a few minutes to re-read the handout “Performance Management”. Answer the following questions by replying to this thread: Relative to performance management, what causes “Management myopia”? What are some negative effects on an organization when occurs? How can it be mitigated? How do SMART (Specific, Measurable, Attainable, Relevant and Timely) objectives aid in performance management? How does insurance mitigate uncontrollable factors from a organizational performance perspective? What happens to the risk associated with the insured performance attribute? What Accounting Performance Measures would you see as applicable to a Government organization? Why?