From the course: Balanced Scorecard and Key Performance Indicators

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The parity of measures and rewards

The parity of measures and rewards

- I give out lots of grades. In fact, my estimate is that in my academic career, I've assigned between 20 and 25,000 grades. I'm a grading expert. This past fall, I taught a course at Nazarbayev University in Astana, Kazakhstan. At the start of the course, I told the students that their final grades would be based on the following four things: Online pre-reading assessments to be completed before the beginning of the course. Daily online quizzes. Daily class participation and comprehensive final exam. Now, if my sole objective were to assign the final course grades, I could save everyone, including myself, a lot of work just by basing the entire grade on the final exam score. Student behavior would be predictable. With the entire measurement system focused on this final exam and only the final exam, many students would choose not to come to class. Now this would be short-sighted and incorrect, but because class…

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