Question: v v Details Your team assignment for the quarter will involve developing Key Performance Indicators [ KPIs ] for our college. Your text does not
Details
Your team assignment for the quarter will involve developing Key Performance Indicators KPIs for our college. Your text does not address KPIs as a separate topic, instead focusing on the differing metrics that can be used throughout the accounting processes and decisions being discussed. I have, however, provided several KPI articles for your reference within the Team Project Module.
To get the conversation started, please discuss some performance indicators that you encounter in your daily life. These can be at work or at home. We aren't necessarily looking for key performance indicators as yet, just to start identifying metrics that could be used to measure performance.
Keep in mind that, by their nature, all performance metrics must be quantifiable.
For full credit, please post a minimum of two performance metrics that you are familiar with from work or home. You must describe three things for each of the metrics:
What are you trying to achieve or worried about achieving. For instance, someone who struggles to sleep might want be worried about how much sleep they are getting.
How do you want to determine if you are successful at what you're seeking to achieve. Continuing the example, that person might measure the average number of hours of sleep that they get per day over the span of a week.
Why is the method of measuring success useful in identifying success. Continuing the same example, the individual might say that they know their sleep will vary each day, so getting an average for each week allows them to track the amount of sleep without putting undo pressure on any particular day and allows for a late night of partying or two.
In your peer response, please respond to the other student's post by describing how you would adjust your behavior knowing that your performance is being evaluated using a particular metric that the other student suggested.
Just saying that your peer's post is good, bad, or the like is insufficient. You must provide support for all assertions and valuations made.
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