Performance Indicators

Paper Summary:

In this article the writer discusses and defines performance indicators. The writer then explores the importance of performance indicators to businesses, including the business of managing professional athletes.
The writer explains that in the business world a key performance indicator helps a business to define and measure progress toward its goals. Further, the writer notes that in the sports management business, a client's key performance indicator helps the agent reach higher goals, and those goals are to maximize the lucrative nature of the client's earnings and marketability.

From the Paper:

"In fact, when clients represented by Scott Boras - big league baseball's must successful agent - put up flashing, impressive performance indicators, Boras smiles all the way to the bank. The sports management professional lives or dies on the performance indicators of his client.
Take for example Angels' star rookie, Jered Weaver, a client of Boras. As of August 10, 2006, Weaver was 7-0 with a sparkling ERA of 2.20.
Those are the key performance indicators that sports management agents love to see, because rookies aren't supposed to come in fresh out of college and take the league by storm.
Weaver has walked only 16 batters in 65 innings, but he has fanned 50. For a rookie, that is hot. But then Weaver, the younger brother of Jeff (who is having a poor year vis-a-vis performance indicators), arrived in the big leagues with great performance indicators in college, Long Beach State (LBS)."

Sample of Sources Used:

• Business Link. 2005. 'Practical Advice for Business: Setting Business Targets / What is a key performance indicator?' Viewed 9 August 2006, http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemid=1074429057.
• Epley, Boyd. 2005. 'Strength and Conditioning Resources: Increasing Lean Body Mass.' The Athlete's Advisor, Student-Athlete Education for Players, parents, & Coaches. Viewed 10 August 2006, http://www.athletesadvisor.com/strength/hkp4.htm.
• Grant, Evan. 2005. 'Inside Scott Boras Corp.' The Dallas Morning News. Viewed 10 August 2006, http://www.dallasnews.com/cgi-bin/bi/gold_print.cgi.
• Hughes, M.D., & Bartlett, R. M. 2002. 'The use of performance indicators in performance analysis.' Pub Med. National Library of Medicine and National Institutes of Health / Centre for Performance Analysis, University of Wales Institute. Viewed 9 August 2006, http://www.ncbi.nlm.nih.gov/entrez/query.fcgi?cmd=retrieve&db=pubmed&list_uids=12363292&doopt=abstract.
• Long Beach State University. 2004. 'Season Statistics: Jered Weaver.' Viewed 9 August 2006, http://www.longbeachstate.com/bbo/bbc/STAT03/TEAMCUME.HTM.

More papers on Performance Indicators:

• Term Paper # 127181 : "Key Performance Indicators"
• Analytical Essay # 8518 : "Performance Indicators and Organizational Management"
• Research Paper # 94481 : "Performance Standards and Guidelines"

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