Executable pre-conceptual schemas for representing key performance indicators

Luis Fernando Castro Rojas, Carlos Mario Zapata Jaramillo · 2013

KPIs (key performance indicators) are sets of measures for assessing organizational performance and fulfilling organizational strategic objectives. Such measures are useful for achieving organizational success. Therefore, a good representation of KPIs is required; a good knowledge representation should exhibit the following features: (i) proficiency in computational tractability; (ii) clear and accurate syntax; (iii) clear and accurate semantics; (iv) stakeholder understandability; and (v) extensibility. Several approaches have been proposed for representing KPIs; however, they are incomplete; and they exhibit some of the aforementioned drawbacks. In this paper we propose an executable pre-conceptual schema to achieve an appropriate knowledge representation of KPIs. This work demonstrates the benefits of using such a schema by developing a case study, and by providing a comparison of our proposal against relevant studies aimed at representing KPIs.

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