What does performance indicator mean?

Definitions for performance indicator

Here are all the possible meanings and translations of the word performance indicator.

Freebase

  1. Performance indicator

    A performance indicator or key performance indicator is a type of performance measurement. An organization may use KPIs to evaluate its success, or to evaluate the success of a particular activity in which it is engaged. Sometimes success is defined in terms of making progress toward strategic goals, but often success is simply the repeated, periodic achievement of some level of operational goal. Accordingly, choosing the right KPIs relies upon a good understanding of what is important to the organization. 'What is important' often depends on the department measuring the performance - e.g. the KPIs useful to finance will be quite different from the KPIs assigned to sales. Since there is a need to understand well what is important, various techniques to assess the present state of the business, and its key activities, are associated with the selection of performance indicators. These assessments often lead to the identification of potential improvements, so performance indicators are routinely associated with 'performance improvement' initiatives. A very common way to choose KPIs is to apply a management framework such as the balanced scorecard.

CrunchBase

  1. Performance Indicator

    Performance Indicator, LLC is located in Lowell, Massachusetts, in the heart of the Northeast corridor of innovative discovery and technology creation. We comprise world-renowned experts in chemical and physics-based sciences as well as an impressive team of seasoned professionals with decades of proven business success.As for the markets we serve, our solutions apply across a very large market spectrum, spanning end uses from consumer and industrial commercial needs focused on human safety and protection, entertainment and visual effects to military needs focused on enhancing our nation's ability to protect and defend. As a result of our depth of expertise in chemistry, physics and material-based sciences, we can address an expansive breadth of applications that take our capabilities far and wide.

Numerology

  1. Chaldean Numerology

    The numerical value of performance indicator in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of performance indicator in Pythagorean Numerology is: 9

Sample Sentences & Example Usage

  1. Chief Revenue Officer Mick Griffin:

    We developed a community marketing team whose KPI [key performance indicator] is to become a leader in topics via various online channels, in order to increase visibility and traffic, we have already successfully achieved this on Quora, and the results are very positive. Our community manager Gloria is now the most-read content provider in 13 channels important to our industry.

Images & Illustrations of performance indicator

  1. performance indicatorperformance indicatorperformance indicator

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"performance indicator." Definitions.net. STANDS4 LLC, 2018. Web. 24 May 2018. <https://www.definitions.net/definition/performance indicator>.

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