Entries Tagged as 'Management'
Call centers provide vital customer service, and hence it is important to be able to monitor their performance. In this article the use of key performance indicators to do this management is discussed.
Call centers are customer service centers that receive and transmit multiple requests by telephone (and also usually by email and other online channels). These were originally introduced as extensions of telecommunications services especially for large companies with customer support needs. They provide an effective, streamlined way of providing consumers with customer and/or technical support. Many companies, including telemarketing companies, mail-order companies, and even computer dealers use call centers to provide customer support.
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Key Performance Indicators: Objectively Evaluate Call Center Performance
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Tags: Management
Clarity in goals and direction is a must for every business leader. Without clarity of the organizational direction, employee activities won’t support the overall direction. The Crass Captain, the anti-leader, doesn’t feel compelled to provide this clarity to his subordinates. The results are frustration and lack of coordination between co-workers.
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Where is the organization headed? Is Everyone Entitled to Know?
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The best way to demoralize your best performers is to ignore the poor performance of the less-than-stellar performers. The Crass Captain, the anti-leader, doesn’t feel compelled to address poor performance issues and his organization suffers for it.
Most workers endeavor to work hard, and their performance usually is observed to be good or exceptional. However, at times supervisors are faced with employees whose performance has become unacceptable. This can be the toughest part of your job. As many managers have said, ?My biggest problems are people problems.?
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Ignoring Poor Performance: Do So at Your Own Risk
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Although there are criticisms on their use, Economic value added or EVA and Risk-adjusted return of capital are banking performance metrics utilized for performance evaluation.
For efficient business strategy and to improve performance, many financial institutions, such as banks, utilize banking performance metrics. These metrics help in measuring the profitability of the business units, to manage the risks that come with the allocation of capital, and to evaluate performance of each business unit.
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EVA and RAROC in Banking Performance Metrics
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Tags: Management