Remove 2021 Remove Data Collection Remove Measurement Remove Metrics
article thumbnail

30 Best Manufacturing KPIs and Metric Examples for 2021 Reporting

Jet Global

An Operations Key Performance Indicator (KPI) or metric is a discrete measurement that a company uses to monitor and evaluate the efficiency of its day-to-day operations. Why Your Company Should Be Using Operational Metrics to Stay Competitive. This allows management to quickly make informed decisions that are backed up by data.

Metrics 131
article thumbnail

25 Best Healthcare KPIs and Metric Examples for 2021 Reporting

Jet Global

A healthcare Key Performance Indicator (KPI) or metric is a well-defined performance measure that is used to observe, analyze, optimize, and transform a healthcare process to increase satisfaction for both patients and healthcare providers alike. While this metric is very useful, it is also very general. Learn More.

Metrics 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Best Tax KPIs and Metric Examples for 2021 Reporting

Jet Global

A Tax Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure that an organization, or business, uses to measure the success of its Tax Function over time. Since every organization has its own manner of operation, the KPIs or metrics used for tax will vary from one organization to another.

Metrics 52
article thumbnail

18 Best KPIs and Metrics for the Agile CEO

Jet Global

A chief executive officer (CEO) key performance indicator (KPI) or metric is a relative performance measure that a CEO will use to make informed decisions. By monitoring financial, operational, and staffing metrics, a CEO is able to identify the strengths and weaknesses of a company and leverage these to their advantage.

Metrics 106
article thumbnail

Measuring Validity and Reliability of Human Ratings

The Unofficial Google Data Science Blog

E ven after we account for disagreement, human ratings may not measure exactly what we want to measure. Overview Human-labeled data is ubiquitous in business and science, and platforms for obtaining data from people have become increasingly common. And for thousands of years, measurement was as simple as this.

article thumbnail

What We Learned Auditing Sophisticated AI for Bias

O'Reilly on Data

The government of the Netherlands resigned in 2021 after an algorithmic system wrongly accused 20,000 families–disproportionately minorities–of tax fraud. Data can be wrong. We also tend to use standards from US nondiscrimination law and the NIST SP1270 guidance to fill in any gaps around bias measurement or specific LLM concerns.

article thumbnail

The Ultimate Guide to Flash Reports in 2021

Jet Global

Flash reports are short, executive-level, summaries that provide a snapshot of a company’s key operational and financial metrics at regular time intervals. Regular review of flash reports provides a rough measure of change in the organization and gives insight into real-time trends and customer behavior. What is a Flash Report?