In this article we have looked at the different stages of auditing performance and the best practices that should be followed. Here we discuss the need for a gradual, orderly, kaizen style continuous improvement approach to the auditing process, in order to ensure that the process continues to be productive and effective in an ever more complex business environment.
Auditing Business Performance
As has been the case for many years now, the business environment is increasingly complex, change occurs more frequently and more rapidly, and performance levels are expected to be raised to even higher levels. Businesses are constantly searching for new strategies and techniques to help them to manage more effectively. However, there is a well established tool, with many variations, that would be of immense help to any business, yet is ignored by many. This is the performance audit.