Hellow guys, Welcome to my website, and you are watching How to Develop Key Performance Indicators. and this vIdeo is uploaded by OnStrategy I Virtual Strategist at 2016-12-15T11:05:32-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | How to Develop Key Performance Indicators |
| Video Uploader | Video From OnStrategy I Virtual Strategist |
| Upload Date | This Video Uploaded At 15-12-2016 14:05:32 |
| Video Discription | Build your AI transformation Strategy in 30 Days 🚀 ➝ https://onstrategyhq.com/ai-contact-2/ How do we develop key performance indicators (KPIs)? KPIs are associated with goals and objectives. What do you want to achieve, and by when? KPIs answer the quantifiable piece of your goals and objectives and are the heartbeat of your performance management process. They tell you if you are making progress. Four must-haves for KPIs to work: 1. Measure - the verbal expression of what it is we will be measuring 2. Target - the numeric value that we want to achieve 3. Source - identifying where the data is coming from 4. Frequency - how often you will be reporting on the KPI Different types of key performance indicators: ● Raw numbers ● Progress ● Change To develop better key performance indicators, we utilize leading and lagging indicators. For example, a percentage increase in sales is a lagging indicator because it occurred; it’s an outcome. To make sure you’re on track, put a KPI in place to identify whether you’ll hit that increase or not. We want a combination of leading and lagging indicators when we look at our performance every month. Now that you understand how to develop key performance indicators take your organization to the next level by achieving answers and tracking your goals and objectives. Learn more from our website below. More information is available at https://www.OnStrategyHQ.com Download the guide here - https://onstrategyhq.com/kpi-guide-download/ |
| Category | Howto & Style |
| Tags | How to develop key performance indicators | kpis |
