performance indicator

performance indicator
   Key performance indicators (KPI) are quantifiable criteria against which public bodies are judged. They help an organisation define and measure progress towards desired goals and provide a standard against which outcomes can be assessed. They enable comparisons to be made between the staff in one institution and the staff in a comparable one elsewhere. The British Broadcasting Corporation’s Environment Unit has developed 12 headline performance indicators via which action priorities within the Corporation can be established and measured. Local councils are measured against a set of Best Value indicators, the results of which may be published in league tables. Such measurements enable government ministers and organisational leaders to determine the strengths and weaknesses within any public body.

Glossary of UK Government and Politics . 2013.

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  • performance indicator — UK US noun [C] (also performance measurement) ► something that shows how well a company, an economy, etc. is doing: »Finance people are used to having milestones and performance indicators, and that is the mindset we need in research and… …   Financial and business terms

  • Key Performance Indicator — Der Begriff Key Performance Indicator (KPI) bzw. Leistungskennzahl bezeichnet in der Betriebswirtschaftslehre Kennzahlen, anhand derer der Fortschritt oder der Erfüllungsgrad hinsichtlich wichtiger Zielsetzungen oder kritischer Erfolgsfaktoren… …   Deutsch Wikipedia

  • Key performance indicator — Key Performance Indicators (KPI) are financial and non financial metrics used to help an organization define and measure progress toward organizational goals [ [http://management.about.com/cs/generalmanagement/a/keyperfindic.htm Key Performance… …   Wikipedia

  • key performance indicator — UK US noun [C] (ABBREVIATION KPI, also key indicator) ► ECONOMICS, HR one of the most important indicators (= something that shows what a situation is like or how it is changing) that show how well an economy, company, project, etc. is doing, or… …   Financial and business terms

  • Key Performance Indicator — Indicateur clé de performance Les indicateurs clé de performance (ICP), ou plus généralement appelés KPI (anglais : Key Performance Indicator), sont des indicateurs mesurables d aide décisionnelle dont le but est de représenter un aperçu d… …   Wikipédia en Français

  • key performance indicator — (KPI). A measure of the contractor s performance against the contract specification. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Key Performance Indicator — KPI An important performance measurement or statistic relating to an activity. Key Performance Indicators (KPIs) are used extensively for management *control and *risk assessment purposes …   Auditor's dictionary

  • key performance indicator — noun a criterion in a performance management system which is used as a measure of the success or efficiency of an operation …  

  • indicator — Used in the context of general equities. technical or fundamental measurement that securities analysts use to forecast the market s direction, such as investment advisory sentiment, volume of stock trading, direction of interest rates, and buying …   Financial and business terms

  • Performance measurement — The calculation of the return realized by a money manager over some time interval. The New York Times Financial Glossary * * * performance measurement UK US noun ► [U] a system for judging how well an employee, a company, an economy, etc. is… …   Financial and business terms

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