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Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2025-041    Version: 1 Name:
Type: Action Item/Other Items Status: Agenda Ready
File created: 1/21/2025 In control: Board of Directors
On agenda: 2/21/2025 Final action:
Title: Key Performance Indicator (KPI) of 2024 Period 2 Results - E Dauterive
Attachments: 1. KPI 2024 P2 Performance 2025-041 Final
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Title

Key Performance Indicator (KPI) of 2024 Period 2 Results - E Dauterive

 

Other Info

Submitted By: Eddie Dauterive

Department: Chief Strategy Officer

Financial Impact and Cost/Benefit Considerations: As provided in the Open Session presentation.

 

 

Discussion

 The 2024 Key Performance Indicators (KPI) Plan was approved by the Board in January 2024 (2024-010) and the Board is presented with the performance-based financial distribution for eligible employees for each period.

 

KPI metrics provide an objective method for evaluating the performance of reaching organizational targets. The 2024 KPI categories include: Maximizing Value to the Membership, Achieving Operational Excellence, Protecting the Financial Health of Cooperative, Pursuing Workforce Optimization, and Advancing Safety and Security.