Performance Indicators (or Performance Measures) are reportable units that require regular updates in terms of numbers, traffic lights and/or commentary. Opal3 takes account of three different types of indicators: Non-financial, financial and risk based indicators.
In principle,Oopal3's performance indicators can contain the following data:
Non-financial (NF)
Financial (FIN)
Expected (E)
Risk (R) and/or residual risk (r)
Practically, your imagination is the limit. Some common examples are
Amount of money spent or earned in relation to budgets and forecasts
Level of support achieved
Percentage of turnover
Leave balances
Employee engagement scores
Level to which a task or sub-task has been achieved
Permillage (eg., Number of hits per 1000 respondents)
Client satisfaction ratings
Number of complaints or compliments received
Degree to wich a task or sub-task is on schedule
Number of widgets sold
Market share
All forms of risk ranging from strategic to operational
Highlights of the past reporting period
Issues encountered during the past reporting period
Note that each indicator, independent of type, has a comment field, although this is can be auto-filled for indicators that have automatic colour criteria.
This section of the [Admin] menu allows you to tailor your indicators to your exact requirements:
