Here is a general list of key performance indicators which are divided into categories. This list should not be viewed as a must have set of indicators, but it is based on the experiences of many companies and researches related to scorecards. Financial perspective Key performance indicators of the financial category make it
In the business world terms “progress” and “performance” often are used interchangeably. You might hear a dialog like this: John: We need to measure the performance of our employees? Mary: How we are going to do this? John: Well, let’s track their progress with the current tasks. Definitions Merriam-Webster dictionary
The concept of strategy maps is based on the assumption that financial indicators do not always give a full picture of the company’s activity. That’s why this model better suits companies and commercial organizations that have the primary goal of making profits. It also concerns government sector. This article focuses
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The need for the personal scorecard is promoted by known saying “What gets measured gets done.” People create their scorecards, divide their life into four, eight, or more sectors, and then expect for a miracle to happen. The next quarter/year they get back to their scorecards and see that: Some obvious
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