Indicator Control
Item Name Code (INC) 19601
Additional Information for Indicator Control
Indicator control refers to the process of monitoring and managing key performance indicators (KPIs) within an organization. KPIs are measurable values that indicate the success or progress of a particular goal or objective. Indicator control involves setting specific targets for these KPIs, regularly tracking and analyzing the data, and taking appropriate actions based on the results.
The purpose of indicator control is to ensure that an organization is on track to achieve its desired outcomes. By monitoring KPIs, management can identify areas of improvement, make informed decisions, and take corrective actions if necessary. It provides a way to measure and evaluate performance, identify trends, and make data-driven decisions.
Indicator control can be applied to various aspects of an organization, such as financial performance, operational efficiency, customer satisfaction, employee productivity, and environmental sustainability. It helps organizations to stay focused on their goals, identify areas of improvement, and make necessary adjustments to achieve desired outcomes.
In summary, indicator control is a systematic approach to monitoring and managing key performance indicators to ensure that an organization is on track to achieve its goals and objectives. It involves setting targets, tracking data, analyzing results, and taking appropriate actions based on the findings.