"Performance" refers to how well a company, organization, or industry is achieving its goals and objectives, measured against relevant standards of success. This includes a variety of metrics such as financial performance (e.g. revenue, profit, return on investment), operational efficiency, customer satisfaction, employee engagement, and environmental impact.

Examples of measures of performance in an industrial context:

  • Revenue growth
  • Profit margins
  • Return on investment (ROI)
  • Production efficiency and productivity
  • Customer satisfaction and loyalty
  • Employee morale and turnover
  • Environmental sustainability and compliance.

You have no rights to post comments

Related Articles

Incentive ■■■■■■■■■■
In the industrial/industry context, an "incentive" generally refers to a reward or compensation offered . . . Read More
Recording ■■■■■■■■■■
In the industrial context, recording refers to the process of capturing data or information for a variety . . . Read More
Volunteer ■■■■■■■■■■
Volunteer in the industrial context refers to an individual who offers their services by choice and without . . . Read More
Organization ■■■■■■■■■■
Organization: An organization (or organisation) is a social entity that has a collective goal and is . . . Read More
CEO ■■■■■■■■■■
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator . . . Read More
Certification ■■■■■■■■■■
Certification is the provision by an independent body of written assurance (a certificate) that the product, . . . Read More
Damage ■■■■■■■■■
In the industrial and industry context, "damage" refers to any physical or functional harm or destruction . . . Read More
Recommendation ■■■■■■■■■
Recommendation in the industrial context refers to guidance, advice, or suggestions provided to individuals, . . . Read More
Evaluation ■■■■■■■■■
Evaluation is a systematic determination of a subject's merit, worth and significance, using criteria . . . Read More
Station
In the industrial context, a station refers to a designated area or location within a larger industrial . . . Read More