Claims:WE CLAIM:
1. A method of identifying health impacting factor to improve performance of an organization, method comprising:
receiving, by a processor (110) of a health management system (102), a plurality of organization related data (106) collected from one or more internal sources (108) associated with the organization;
identifying, by the processor (110), one or more internal factors (208) affecting the health of the organization based on processing of the plurality of organization related data (106);
receiving, by the processor (110), external data (107) from a plurality of external sources (109) and one or more user inputs (210) related to customization requirements;
determining, by the processor (110), a plurality of health impacting factors (214) of the organization based on the analysis of the one or more internal factors (208) and the external data (107) received; and
generating, by the processor (110), feedback and corrective recommendations (216) to improve the performance of the organization based on the plurality of health impacting factors (214).

2. The method as claimed in claim 1, wherein identifying the one or more internal factors (208) comprising:
processing the plurality of organization related data (106) received from the one or more internal sources (108);
determining a health score (212) indicating the current health state of the organization; and
identifying the one or more internal factors (208) associated with the current health score (212) based on comparison of the predetermined threshold internal factors.

3. The method as claimed in claim 1, wherein determining the plurality of health impacting factors (214) comprising:
determining a correlation analysis between the received internal factors (208) and external data (107);
generating a regression model for the internal factors (208) and external data (107) based on the correlation analysis;
determining one or more health factors based on the generated regression model; and
identifying the plurality of health impacting factors (214) based on comparison of the one or more health factors with corresponding predetermined threshold health factors.

4. The method as claimed in claim 1, wherein the feedback comprising performance feedback at one of an organization level and an individual business unit level.

5. The method as claimed in claim 1, wherein the corrective recommendations are provided at the one of the organization level and an individual business unit level for improving the overall health of the organization.

6. The method as claimed in claim 1, wherein the external data comprises business reports, GDP information, social media impact factors, market analytics information, macroeconomic data and related data.

7. A health management system for an organization, system comprising:
a data repository (104), configured to store a plurality of organization related data, and external data (107) received from a plurality of external sources (109);
a processor (110) coupled to interact with the data repository (104); and
a memory (112), communicatively coupled to the processor (110), wherein the memory (112) stores processor-executable instructions, which, on execution, cause the processor (110) to:
receive the plurality of organization related data (106) collected from one or more internal sources (108) associated with the organization;
identify one or more internal factors (208) affecting the health of the organization based on processing of the plurality of organization related data (106);
receive the external data (107) and one or more user inputs (210) related to customization requirements;
determine a plurality of health impacting factors (214) of the organization based on the analysis of the one or more internal factors (208) and the external data (107) received; and
generate feedback and corrective recommendations (216) to improve the performance of the organization based on the plurality of health impacting factors (214).

8. The system as claimed in claim 7, wherein the processor (110) is configured to identify the one or more internal factors (208) by:
processing the plurality of organization related data (106) received from the one or more internal sources (108);
determining a current health score (212) indicating the current health state of the organization; and
identifying the one or more internal factors (208) associated with the current health score (212) based on comparison of the predetermined threshold internal factors.

9. The system as claimed in claim 7, wherein the processor (110) is configured to determine the plurality of health impacting factors (214) by:
determining a correlation analysis between the received internal factors (208) and external data (107);
generating a regression model for the internal factors (208) and external data (107) based on the correlation analysis;
determining one or more health factors based on the generated regression model; and
identifying the plurality of health impacting factors (214) based on comparison of the one or more health factors with corresponding predetermined threshold health factors.

10. The system as claimed in claim 7, wherein the processor (110) is configured to generate the feedback comprising performance feedback at one of an organization level and an individual business unit level.

11. The system as claimed in claim 7, wherein the processor (110) is configured to generate corrective recommendations provided at the one of the organization level and an individual business unit level for improving the overall performance of the organization.

12. The system as claimed in claim 7, wherein the processor (110) is configured to receive the external data that comprises business reports, GDP information, social media impact factors, market analytics information, macroeconomic data and related data.

Dated this 24th day of March, 2017

M.S. Devi
IN/PA-1606
Of K& S Partners
Agent for the Applicant , Description:FIELD OF THE DISCLOSURE
The present subject matter is related, in general to enterprise management, and more particularly, but not exclusively to a method and system for improving performance of an organization.