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Thursday, August 11, 2016

Your Key Performance Indicator



Image result for kpi's
Source Google


“KPIs are much like instruments that measure temperature and barometric pressure. It is interesting to know that the temperature increased or decreased, however, it is critical to know whether a storm is imminent. The measures work together to provide a more complete picture of the total situation.”


Any successful business will start out with a sense of purpose, which in turn gives them the foundation of their direction. Goals can then be set and the next logical step is their strategic planning to reach those targets. KPI”s, or Key Performance Indicators, is the measurements used to help assess whether or not your business is currently where it should be to reach those goals

Some examples are:





FOR MORE INFORMATION

18 Key Performance Indicator Examples Defined For Managers



If you manage a team, there’s a good chance you’ve heard of key performance indicators (KPIs). Regardless, let’s take a little refresher course before we get right down to some examples and equation samples for the most important metrics.

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Key Performance Indicators (KPIs) – Complete Guide


There is virtually no limit to the number of good KPIs you can find.
It all depends upon the nature of the business and the industry you work in.
For example if you work in an industry where majority/all of the conversions happen offline via phone calls then you can use ‘Phone Calls’ as your KPI.
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