Definition: A business unit of measure to gauge a company's performance and have a standard to improve.

Also Known As: Performance Metric, Metric

Examples: The performance metric of average sales for Joan's company increased from $722.00 to $745.00 over the last 2 months.

Common Misspellings: none

Related Resources:

Know Your GPM
About Goals, Plans and Metrics from About Management Guide F John Reh.

Elsewhere on the Web:

Scorecard Metrics
A look at metrics used in Balanced Scorecards, insight for small and large companies.

Measuring Results
An excellent article by Paula Gamonal of Ravenwerks, provides clear examples of setting actionable metrics and standards for your business.

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