Section 10: KPIs - Measures of Performance
We consider that the following measures will, on balance, comprise a fair reading of the success of the government's policies and programmes as they affect small business:
- Higher growth in small business than in economy-wide activity- as measured by the National Bank Small Business Monitor
- Continued improvement in the average productivity growth in SMEs (as measured by contribution to total economic output) - from the MED annual SME Structure and Dynamics report
- Increase in the numbers of start-up businesses - from the MED annual SME Structure and Dynamics report
- Decrease in negative red tape perceptions - as revealed, for example, in the KPMG-Business New Zealand survey.
In terms of your personal performance as Minister for Small Business, we will judge you on the following:
- Every recommendation in this report is responded to within 12 months
- The quality of Regulatory Impact Statements improves
- More SMEs take up mentoring opportunities
- There is an increase in the number of local business award competitions
- More New Zealand SMEs win government procurement contracts
- There is an enhanced, government co-ordinated information portal for business.
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