The Initiative: to identify and develop industry standard measures that are predictive of corporate performance. There is a difference between identifying such measures and establishing them as industry standards. This initiative will do both.
The Opportunity: exists for the primary stakeholders: Corporations, Investors, Financial Analysts and Information Technology Providers. The opportunity is to be among the first to recognize the need for voluntary industry standard measures that are predictive of corporate performance, develop the competencies and capabilities in the areas being measured, and harvesting the benefits.
Who is Involved: Gartner, The Enhanced Business Reporting Consortium, World Intellectual Capital Initiative, XBRL International, Industry Sector specific companies, Financial Analysts and Investors.
To view the proposed metrics, click on one of the Metric labels in the tables below. These links will direct you to a website to view the metrics in an XBRL Taxonomy. The standard definition of each metric will be shown on the right hand side of the screen under “Documentation”. The standard calculation will be shown as “Calculation Documentation”.
Downloadable Document to Review all KPIs and definitions/calculations.