Essay Example on Performance Improvement: Essential for Business Success

Introduction

In the daily operations of businesses and companies of all types, certain things are essential to consider if at all everything is to be kept in order, and the best outcomes are to be experienced as required. Performance improvement is a crucial thing that is to be focused on to place any business or organization in a better position in terms of performance. Described down here in this scope are some of the main points about operations improvement and performance generally, and these are the main points and arguments that are obtained from an article published in the year 2019 by Cosme, Diego Leonardo Santos, among other authors.

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Forecasting

This article describes a lot that has to do with the improvement of operations in a business set up and the major of this article is on performance analysis as well as the impact that all these strategies of performance analysis later have on the operations and production of a business. Regular analysis of the existing strategies in the business operation is key, as well as looking into future plans that can be implemented to place the business at a better level.

Operations Improvement/Productivity

In the first place, it is essential to have specific strategies put in place so that there will be a continuous assessment of how the employees and each individual in the work environment are performing (Cosme et al.). For example, from the article, it is essential to analyze the daily achievements of the employees, depending on the tasks assigned to them. A comparison can be made on the various individuals working in an organization, and from there, it will be an easy thing to know how each of them is performing in their field and who is doing well then all the others.

After this analysis has been performed, what should follow is a way of rewarding the employees who have done well and achieved the goals of the organization as per the expectations of their employees. When this is done, it will be a way of making sure that the other employees are challenged, and they will see a sense of employing extra effort in their fields to achieve a better result (Cosme et al.). Also, a performance evaluation of the business or organization can be done within the confines of a specific time plan; for example, five years and goals are set to be achieved within that time. At the end of the five years, the business should identify if they have achieved all the goals they set or not, and if not, then proper strategies must be formulated to ensure that the goals will be realized.

Individuals who are found not to be right in their fields are to be fired or rather reshuffled to areas where they can perform the best rather than dragging the business behind. Also, the operations will be improved with new and more innovative strategies being put in place from time to time to improve the results of the business (Cosme et al.) significantly.

Project Management

The various steps of project management like the initiation of the plan, planning, the execution of the plan, monitoring and control of the daily operations as well as the closure of the project are key things this article covers about business planning. Continuous improvement is the main focus of this article, and it has presented perfect ideas on the way that a business can analyze its performance from time to time and come up with the necessary plans that will work well to make it realize the long time goals, visions, and missions. The information from this article is beneficial in helping business practitioners employ the best measures that will lead them to a higher level in terms of their operations and productivity in general, and this may be in terms of quality, among other essential things that have to be considered.

Works Cited

Cosme, Diego Leonardo Santos, et al. "Performance Analysis and Impact of the Improvements added in Ten-Years of Operation of Microgrid of Lencois Island." IECON 2019-45th Annual Conference of the IEEE Industrial Electronics Society. Vol. 1. IEEE, 2019.

Fraser, M. A., et al. "SPS Slow Extraction Losses and Activation: Update on Recent Improvements." 10th Int. Particle Accelerator Conf.(IPAC'19), Melbourne, Australia. 2019.

Johnston, Nicholas. "Improvements relevant to taps and handles and their operation." U.S. Patent Application No. 16/300,334.

Matsuura, Dai, Yasuo Usami, and Kenji Ichiya. "Recent Operational Improvements of Hematite Plant at Akita Zinc Co., Ltd." PbZn 2020: 9th International Symposium on Lead and Zinc Processing. Springer, Cham, 2020.