Can anyone give me an example of a Performance Standard?
So firstly lets identify what ‘KPI’s’ really are; they are quantifiable performance measurements used to define success factors and measure progress toward the achievement of business goals. Armed then with this information, A traffic light coloured ‘red’ (containing the letter R) indicates that performance has not met year-end target. Immediate action is required, if not already being taken. A traffic light coloured ‘amber’ (containing the letter A) indicates that performance may hit target but requires close monitoring. (This is for those indicators for which a year-end position is not available). A traffic light coloured ‘green’ (containing the letter G) indicates that performance met target. Trend Arrows An ‘upward green’ arrow indicates that performance was better than the year-end position last year. A ‘horizontal amber’ arrow indicates that performance was similar to the year-end position last year. A ‘downward red’ arrow indicates that performance was worse than the year-end po
