The Economist analyzed in a recent article which economies have fared best and worst during the global financial crisis. The article highlights that the real GDP is no longer the best measure for comparing output, because of demographic changes. Canada, like the United States, has a fast-growing population, whereas the number of Germans and Japanese has started to shrink (The Economist, 2011). The Economist considers the Real GDP per head to be a better measure in order to offer an accurate comparison among worldwide economies’ performance.
A performance report becomes functional by using KPIs that illustrate the business context and by which action can be identified or labeled worth trying.
When choosing a KPI it should fulfill one of the following categories (Shevlin, 2007):
77 percent of respondents expected IT budgets to rise 8 percent in 2011.
59 percent of respondents said they would purchase tablets in the next year, but only 29 percent of those surveyed thought they would replace notebooks. PC demand appears to be solid in business technology.
MetroGIS represents a regional geographic information system initiative serving Minnesota metropolitan area, with a strong orientation towards performance measurement and a transparent and accountable approach regarding its stakeholders.
North Carolina Community Colleges initiated in1993 an accountability system for monitoring performance data on specific measures to ensure public accountability for programs and services. In 2011, The Critical Success Factors report was launched as an accountability document presenting 8 generic performance measures based on which the Board reviews performance.
