KPI’s
The last newsletter focused on “getting ready” for the sales and business that is coming your way as you attack the market and win market share. Now let’s look at defining the most important measurables, Key Performance Indicators (KPI’s), for your organization so you know current status and can change to take advantage of situations. The definition of KPI is “a quantifiable measure used to evaluate the success of an organization, employee, etc. in meeting objectives for performance”. The basis for success with KPI’s lies with three concepts in this definition:
- Quantifiable
- Meeting objectives
- Performance
For a KPI to be a true driver it must be quantifiable so it can be measured to define success, it must be tied to your company objectives and it must help you improve performance. Having company KPI’s, department KPI’s and employee/staff KPI’s will provide a usable dashboard/tool to manage the business.
How do you define your KPI’s? We can help you do it. How do you do this all together at one time and how do you make it work? We can help you do it. We need to talk because we can help!
“A Habit” is not work, but just a thing that is done every day and defining your KPI’s is critical to your success in business and can easily become a Habit.
TIME MANAGEMENT. For Top Performers every task is planned and focused on the goals that earn the results. Top Performers plan and then engage. They act on their plans, they work hard and they get results.
Coaching these skills is a critical part of what we do. We are here to help you develop and implement your Strategic Plan and coach and develop the skills to implement the plan successfully.