Delta

Definition

In the context of management and leadership within organizations, "Delta" refers to the measure of change or difference in a particular aspect of business performance or strategy over time. It is often used to assess progress towards goals, identify areas needing improvement, or evaluate the impact of a new initiative.

Related terms

Key Performance Indicator (KPI): A quantifiable measure used by organizations to gauge their success in meeting predefined goals.

Benchmarking:

The process of comparing one's business processes and performance metrics to industry bests or best practices from other companies.

Continuous Improvement: An ongoing effort to improve products, services, or processes by making small, incremental improvements over time