Elements of MBE

The MBE system’s structure is constituted by the following elements

1.         Measurement                           –           by assigning values to performance

2.         Projection                                –           towards business objective & expectations.

3.         Selection                                 –           follow progress towards its objectives

4.         Observation                             –           to know current state of performance.

5.         Comparison                             –           actual with expected and identify the                                                                                                                                                                                 exceptions.

6.         Decision making                     –           Prescribes the  action that must be fallen in                                                                                                                                                                    order

(i) Bring performance back into control

(ii) Adjust expectations to reflect changing                                                                                        conditions

(iii) Exploit opportunity

It is also deeply rooted in the principles of the decision of labour, delegation or responsibility and authority and span of control.