ABOUT PERFORMANCE MEASUREMENT

Look into the use, documentation and visualization of KPIs to analyze how strategy is executed, establish effective targets and collect KPI results. Watch this short descriptive video to learn more.

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FACTS ABOUT PERFORMANCE MEASUREMENT

80% of professionals state that the use of KPIs has a positive impact in measuring the performance of their organization (The KPI Institute, State of Performance Improvement and KPIs 2016).

67% of professionals consider Performance Measurement and KPIs a top priority for further improvement (The KPI Institute, State of Performance Improvement and KPIs 2016).

55% of professionals reveal a high level of confidence in selected KPIs being adequate for reflecting the achievement of desired outcomes (The KPI Institute, State of Performance Improvement and KPIs 2016).

Only 39% of professionals claim to extensively engage their key stakeholders in selecting KPIs for the organization. (The KPI Institute, State of Performance Improvement and KPIs 2016).

A mere 37% of professionals believe KPI targets create a motivating environment for the employees within their organization (The KPI Institute, State of Performance Improvement and KPIs, 2016).

38% of professionals appreciate a moderate level of transparency regarding organizational and departmental performance results among the employees. (The KPI Institute, State of Performance Improvement and KPIs, 2016).

45 % of professionals claim low to moderate levels of alignment between organizational strategy and departmental objectives and initiatives (The KPI Institute, State of Performance Improvement and KPIs, 2016).

59% of professionals claim low to moderate levels of alignment between organizational strategy and employee performance plans (The KPI Institute, State of Performance Improvement and KPIs, 2016).

KPI Data gathering, KPI Selection and KPI Target Setting are believed to be the most challenging aspects of performance measurement within active organizations worldwide. (The KPI Institute, State of Performance Improvement and KPIs 2016).

Building and nurturing a performance culture is appreciated as the most sensible topic associated with performance. (The KPI Institute, State of Performance Improvement and KPIs, 2016).
Decision driven organizations will delve into performance measurement practices to see their strategy carried forward. Because when dealing with the execution of strategy, effective performance measurement is what ensures that goals are achieved and stakeholder expectations are met.

A well-designed performance measurement system thereby ensures that such demands are successfully addressed. However, it is the design of the performance measurement system itself that poses greatest challenges in measuring the performance of organizations nowadays. To more than many organizations, performance measurement is frequently about finding the one measurable expression that fits all purpose decision-making. To us, however, performance measurement is about structure and clarity. That is why we have found more than one expression to suit our measurement purposes

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