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  "documentTitle": "Presentation to Regional Economic Prosperity Management Board",
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  "notes": "The slide defines the structure for performance measurement, specifically detailing operational metrics across three functional areas: Foster Collaboration, Conduct Regional Data Collection and Research, and Attract Investment.",
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      "text": "Identifying the correct performance metrics and targets is critical in establishing a common understanding of what success looks like for the organization and maintaining support for it among stakeholders.",
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      "text": "Foster Collaboration: Number of events/initiatives, Number of partners, Number of published reports",
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      "text": "Attract investment: Dollar value of investment, Investment pipeline, Conversion rate, Square footage, Jobs created, Trade missions",
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      "text": "Operational metrics measure the level of operational activity that the Metro Vancouver service is producing, and relate to the transformation of inputs (e.g., funding and time) into outputs, and are therefore reflective of the operational efficiency of the organization. Examples of operational metrics are listed below and have been categorized under the new functions.",
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      "text": "Outcome metrics measure the regional economic and community outcomes on which the new service is focused, and are reflective of its overall effectiveness or organizational",
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      "text": "As a leading practice, economic development organizations publish ongoing updates on progress to stakeholders. Identifying the correct performance metrics and targets is critical in establishing a common understanding of what success looks like for the organization and maintaining support for it among stakeholders. At a high-level, the metrics can be segmented into two categories: Operational Metrics and Outcome Metrics.",
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      "text": "3.8 Key Performance Indicators",
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