The Alpha Factor – in HR Management
The Alpha Factor indexes the performance of an individual or team, usually in management positions. Alpha is a risk-adjusted performance, in other words freed of all external influences and market effects, measured on the pure, internally assessed achievement of objectives. A value > 100 is good, the higher the figure, the better the performance; < 100 indicates a need for getting into action.
The Alpha Factor indicates the value established within the company. The reference value is defined before measurement begins, using industry or company values.
People are the key to success – you make all the difference!