In today s world, having indicators and performance measures is the cornerstone of an enterprise s current and future success. Whether one is a senior executive in government or industry, timely and reliable performance measures are needed to make informed judgements about increasingly complex issues. Therefore, the ability to gather, arrange and manipulate vast quantities of information is essential to sound management decisions. This is why the MEM is so important, as are the 79 indicators we have selected. Without well-thought out indicators there can be no sensible change or improvement in the way we do things.
Indicators are like a compass to the captain.
They guide us, and tell us if we are heading in the right direction. Without them, progress is impossible to gauge. The readings show him what we need to find out and what remedial action we need to take. First Round of Evaluation Having selected a comprehensive set of indicators, the Working Group approved the format of the questionnaire for the gathering of information and agreed to an evaluation procedure and timetable. The first round of evaluation will take place in year 2000, using a reduced list of 61 indicators to establish an information base that will serve to measure future progress.