Performance measurement

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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 ?
Owing to the dearth of studies on the mechanisms for managing multiple stakeholder orientation this study examines the association between integrative strategic performance measurement systems (ISPMs) and multiple stakeholder orientation.
* Link performance measurement to a unit's short- and long-term targets.
* Step seven is to apply performance measurement software to add structure and discipline to the implementation process, as well as to communicate information.
The performance measurement and public reporting process tends to be decoupled from internally focused performance measurement for performance management.
The question is why the performance measurement has become such an important topic in recent years.
Recommendation: To improve DOD's performance measurement system to manage and oversee its counternarcotics activities, and to address factors associated with the limited use of DOD's counternarcotics performance measurement system, the Secretary of Defense should direct the Deputy Assistant Secretary for Counternarcotics and Global Threats to apply practices that GAO has identified to facilitate the use of performance data.
While different performance measurement models use different indicators, the unique rule is that the ones used must be meaningful, transparent and understandable.
Secondly, performance measurement is utilized to explain or demonstrate the performance achieved by a program.
"Each metric in this innovative performance measurement tool tells the story of how our departments and elected officials are making procedural changes, integrating technology and undertaking creative initiatives to reduce costs and find efficiencies.
Selected from presentations at a September 2017 performance measurement and management control conference (ninth of a series) in Nice, France, 10 papers examine the relevance of research in this area.
Verification is the review of an investment management firm's performance measurement processes and procedures by an independent third-party verifier.

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