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Posts Tagged ‘KPI’

Performance measurement and KPI selection in the library services sector

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Library KPIs

With an estimated number of 122.566 establishments of all kinds (public, academic and school libraries) only in the Unites States (American Library Association, 2010), the public library sector is of major importance for the long-term development of the mankind, collecting and making available for use valuable sources of information people need and use in all-related aspects of life.

KPIs and Dashboards in practice: TrackDC an innovative District of Columbia Performance Management initiative

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Key Performance Indicators

Performance measurement and reporting for control is not the sole purpose of tracking results against targets. One of its very important dimensions is that of enhancing accountability towards stakeholders; in private-owned organizations, reporting is directed mostly to shareholders and managers, whereas in governmental institutions, communication is directed towards the entire community served.

Frequency of KPIs tracking and reporting

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Tracking KPIs

Tracking Key Performance indicators (KPIs) provides relevant feedback for the current state of organizational performance. KPIs also assist in the decision making process regarding actions that need to be taken to improve future performance. Measuring performance is a key organizational process that can be enhanced by making smart decisions about the frequency of measurement. It is highly important to know how often to track and report using KPIs.

THE KPI INSTITUTE

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