Performance measurement

Also found in: Medical, Acronyms, Encyclopedia, Wikipedia.

Performance measurement

Calculation of the return a money manager realizes over some time interval.

Performance Measurement

Any of many different mathematical measures to evaluate how well a company is using its resources to make a profit. Common examples of performance measurement include operating income, earnings before interest and taxes, and net asset value. It is important to note that no one measure of performance should be taken on its own. Rather, to arrive at a true sense of how a company is doing, one must use as many different measures as possible together.
References in periodicals archive ?
Taking the first step toward implementing a performance measurement system can be difficult without a good grasp of the basic concepts, techniques, and uses of performance measures.
The traditional view of performance measurement is an integral element of planning and control.
Walters argues successfully that performance measurement is not the latest management fad, but rather is a proven means of ensuring transparency and facilitating improvements in services.
Rigorous internal performance measurement is a key to many nonprofits' success--perhaps even survival--during these hardscrabble times.
As a medical device manufacturer, are performance measurements management tools or management weapons?
As a final check, the team reviewed the performance measurement system to be sure all the areas being measured, when taken as a group, were consistent with the strategy of the organization.
ALEXANDER: As Peter pointed out, PVA really provides the underlying data you need to obtain the benefits of improved cost and performance measurement systems.
Finally, Sasha Page and Chris Malinowski list their top 10 criteria for an effective performance measurement system, using examples from their many years of experience advising governments on how to enhance operational performance.
CFOs, in order to deliver the improved performance measurement systems their corporations expect, will have to overcome that reputation by reaching out to other departments and forming partnerships to get the job done.
The most recent independent guide from ESR is the first of its kind to provide a performance measurement framework for improving the productivity and efficiency of organizational sales teams.

Full browser ?