KPI of the Day – Insurance: # Claim settlement time
Definition
Measures the time it takes, on average, for a client to receive payment from the insurance institution after a claim decision has been made.
KPI of the Day – Real Estate: % Properties rated as “moderate risk”
Definition
Measures the number of properties rated as “moderate risk”, out of the total number of properties from a certain area.
KPI of the Day – Real Estate: # Square feet office building developed
Definition
Measures the total surface of office building space developed expressed in square feet or square meters.
7 Questions to Ask during Performance Catch-Ups
Performance management is evolving. Increasingly, organizations are abandoning their annual appraisal systems and moving toward continuous performance management — a more agile and intuitive way to engage and motivate employees.
KPI of the Day – Real Estate: $ Equity in real estate property
Definition
Measures the difference between the market value of the property and the outstanding balance of the mortgage.
