Develop Taxonomies and Identify Performance Measures/Metrics

Develop Taxonomies and Identify Performance Measures/Metrics

In this assignment, you will work through the first two steps (of six) to company success as outlined in the article “The Measure of Success.”  This activity will enable you to begin to think about applying fuzzy set theory and how some of those gray areas – those not-so-easy-to-quantify areas – might begin to be measured.

Instructions

1.In Chapter 6 of the textbook, The ROI of Human Capital, read these sections: “Toward a Human Capital Financial Index,” “Index Value,” and “Index Application.”

2.Download and read the article “The Measure of Success” via The Measure of Success

3.Navigate to the discussion thread below and respond to the following:

a.Step 1: Develop Taxonomies and Identify Performance Measures/Metrics:

i.In one or two sentences, explain fuzzy set theory.