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Sustainable Enterprise of KFC

   

Added on  2022-11-17

17 Pages4163 Words367 Views
Running head: SUSTAINABLE ENTERPRISE OF KFC 1
Sustainable Enterprise of KFC
Student’s Name
Institutional Affiliation
Sustainable Enterprise of KFC_1
SUSTAINABLE ENTERPRISE OF KFC 2
Sustainable Enterprise of KFC
Sustainability prevents the exhaustion of natural resources in order to retain an ecological
balance. It is occasionally set in the context of decisions regarding which type of system is
sustainable and over what “patio-temporal scale.” Alternatively, the monitoring process is a
primary management response to the current challenges in sustainability, which helps in
understanding the sustainability values and systems. Generally, the monitoring systems focus on
creating multiple sustainable tools, which assist in gauging the connectedness of sustainability
practices. These systems reveal the current patterns and trends involved with a durable structure
by developing a good understanding of them. Notably, the changes in the entire structure can
easily be detected, and can be utilized as an earlier warning against change. Therefore, the
progress and growth of the sustainable system in a business can accurately and effectively be
measured.
The development indicators provide essential guidance for decision-making in various
ways (Winograd and Farrow, 2009). The indices can translate social and physical science
knowledge into manageable units of data, which can facilitate the decision-making process.
They assist in measuring and calibrating progress towards developing sustainable objectives. In
addition, they provide an early warning that prevents environmental, social, and economic
damages. There are three essential functions of sustainability indicators; communication,
simplification, and quantification.
Features of Good Monitoring and Evaluation Systems
The standard criteria for evaluating the quality of the monitoring system are identified by
the utility, feasibility, compatibility, and accuracy. Hence, a good monitoring structure is
Sustainable Enterprise of KFC_2
SUSTAINABLE ENTERPRISE OF KFC 3
characterized by its measures, and reports on outcomes, which reflect the vital strategic goals of
the company (United Nations Development Programme, 2009). Additionally, it offers clear
indicators against which the firm is being measured or working on, which provides information
for the outputs being measured as verifiable. A good monitoring structure should also identify
key challenges that an organization would like to address, and it must be cost-effective for
operating units. Importantly, the monitoring approach must be assessed and updated regularly,
which will help in keeping track and support effective policy reform processes.
A proper monitoring approach must be user-friendly as it enables an individual to
understand the present status of the relevant policies, which need to be computerized. This is
vital as it provides an overview of how future performance targets may be set. Importantly, a
sound monitoring system must make efficient and easy decisions at the management level (M&E
Studies, n.d.). Thus, it must determine the suitability of the institutional mechanism
implemented. Notably, an effective monitoring structure must have a way of reporting the
findings to those who can take action, and utilize the results for positive changes.
Table 1: features of effective M&E systems
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SUSTAINABLE ENTERPRISE OF KFC 4
Characteristics of effective Indicators
A valid indicator needs to be relevant such that it fits the purpose for measuring (Ferretti,
Pereira, Vértesy, and Hardeman, 2018). For instance, as indicators, the report card and gas gauge
measure facts that are precise and relevant. If the gas gauge did not measure the capacity of gas
in a tank and instead indicated the octane gasoline rating, it would not assist an individual in
deciding when to refill the tank. Alternatively, if a report card measured the number of pencils
utilized by scholars, then it would be a poor indicator of academic performance (Sustainable
Measures, n.d.). Contrary, a useful gauge must be understood such that even an ordinary person
can interpret and relate the data (European Commission, 2017). Lastly, a strong index must be
based on accessible data, which can be immediately be collected.
Table 2: characteristics of useful indicators
Description of the Business
Sustainable Enterprise of KFC_4

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