Tag: Key Performance Indicators

Do you suspect that your company performance could be better, but feel that finding a solution appears to be just out of your reach? In my role as mentor and business consultant I engage with many company directors, from various sectors of industry and commerce. Many of them describe how they seem to be working harder than ever at the moment, but still feel as if they are simply “treading water” . Very often they are not looking at the right measures, or they simply fail to measure the obvious. My advice to them is always to identify the key factors which will indicate good company performance. They should then establish simple systems to monitor these.  The purpose of Key Performance Indicators (KPI) is to provide a “dashboard” with which to highlight the current performance state and to forewarn of adverse trends. Even a small drift away from target may highlight the return of a known problem, or even reveal a...