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Is it the trend?
How it effect on the trend? Understanding indicator helps to generate idea.
PERFORMANCE INDICATOR
While defining a indicator we should look on cost, time and accuracy.
operation : productivity, utilization Sales and marketing: sales per region , sales per model, marketing cost
Most of these indicator measure the impact that product , process or service innovation has had on organization operation
PERFORMANCE INDICATOR
Performance chart: What has measure it past, what is measure today and what should target value is represent in chart. It shows progress toward goal Balance scorecard: The balance scorecard divides strategic objective, performance measure and any associated development into four perspectives Financial perspectives Customer perspectives Learning and growth perspectives Internal processing perspectives
PERFORMANCE INDICATOR
Conclusion: The stated goal and objective should be translate into measurable indicator. Performance indicator foster improvement and innovation. It gives immediate feedback on what is happening and generate a information where the action is leading. It determines the necessary step to take in order to ensure the organization will achieve their goal at stated time with high quality.