Your managers are one of the most important parts of your company’s infrastructure, as they’re responsible for the success of your individual projects, for the performance of any retail and/or wholesale outlets your company manages, and for the <a href=”https://iedunote.com/measure-management-effectiveness-performance">overall effectiveness of your management team</a>.
But while management candidates may look wonderful on paper or may “feel” like a good fit for the position — especially if they’ve been promoted from within the company — objectively evaluating your management team is an essential skill that must be cultivated. In order to do so, you must first disassociate yourself personally in order to measure individual managers and candidates based on standard expectations, performance and group cohesion.
Management performance and effectiveness is measured by;
Amount of Profit or Surplus.
The rate of Productivity.
Quality of Techniques.
Response Rate of Managers to the Feedbacks.
Working Environment of Organization.
Labor-Management Relationship.
Relationship with External Interested Parties with Management.
Source: iEduNote
https://iedunote.com/measure-management-effectiveness-performance