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What is Performance Measure

Handbook of Research on ICT-Enabled Transformational Government: A Global Perspective
Generic term representing the level of performance of a goal. Often its value is compared to target parameters.
Published in Chapter:
Measurement of Transformational Government Strategies Using Balanced Scorecard Approach
Ivaylo Gueorguiev (European Software Institute Center, Bulgaria)
DOI: 10.4018/978-1-60566-390-6.ch018
Abstract
This chapter puts forth some guidelines for transformational government strategy measurement using balanced scorecard. The complexity of transformational government strategy is rooted in the multistakeholder environment it is derived from. The citizens, the businesses, and the administration have different interests and finding the right balance of these interests would be a challenge for any initiative. Everyone is a stakeholder in the transformational government, since everyone participates in the decision making process through democratic elections, everyone contributes to the financing of the government by paying taxes, and finally everyone uses government services. In this multistakeholder environment the balanced scorecard methodology can provide tools for effective measurement and management of the transformation of public services. Planning and presenting the strategy in strategy maps and creating a system of performance measures in a number of perspectives can ensure a foundation for effective management system of the transformational government on the strategic level.
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More Results
Kinked Experience Curve
A ratio of output to input which indicates the level of performance of a dynamic learning system. Performance measure can be defined in term of price, cost, physical, or social index.
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The Role of Business Analytics in Performance Management
A quantifiable indicator used to assess how well an organization or business is achieving its desired objectives.
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