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The Value Of ‘Performance Measurement’

Dan Swanson | April 10, 2007

Steven Covey, author of The Seven Habits of Highly Effective People, and many others quite rightly recommend that when you start any kind of new project, you should begin with the end in mind. What does that involve?

  1. Deciding where you want to be in the future (that is, what your “end state” will be);
  2. Defining your key goals and objectives in getting there (to guide your various efforts along the way); and
  3. Building and then implementing your plan to get there (the means to reach your desire end state).

This planning cycle works for all individuals, in both their professional and personal lives. It is even more important for organizations, where an understanding across the whole enterprise is vital in obtaining broad support across a workforce faced with numerous, and many times conflicting, priorities.

For internal auditors this planning cycle takes on a special meaning as well. Successful...

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