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Management Fix: Results Indicators Implementation
We believe the Management Fixes are common and typical so every description is created and adapted from articles, blog posts, and definitions from other sources and authors.
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This week’s “Results Indicators Definition” should be a mandatory solution for any team or company.
By definition, a result indicator is a metric that measures the quantitative results of business actions to help companies track progress and reach organizational goals.
There are different types of indicators: direct indicators and indirect indicators.
The direct indicators are formulated primarily for countable facts or states of affairs such as outputs or easily measured results. On the other hand, the indirect indicators are mainly used when qualitative states of affairs are being described, such as changed living circumstances, changed attitudes, or changes in behavior.
(Extracted and adapted from http://www.social-impact-navigator.org/impact-analysis/indicators/types-of-indicators/)