What is a metric?
When looking at metrics and measurement it is important to determine what is a metric and what is not. Companies can spend an enormous amount of time and resources measuring the wrong things. Not all numbers are metrics. Below is a guideline for determining what is a metric and what is not. If you need assistance in determining if a measurement is a metric or not, please Contact Us.
- Measure results associated with objectives
- Drive continuous performance improvement
- Can be easily calculated
- Can be compared easily
- Should be limited to only 3-5 for any specific outcome or objective
- Are continuously reviewed and refined
The most valuable metrics are in the public domain with open access and participation.
|**Portions of information on this page may have been derived from the HRMetrics Certification Program which was originally developed by Staffing.org. Copyright © 2006, Staffing.org, Inc., All Rights Reserved