The latest kpi template in the world

Posted by johnssmith00 on May 31st, 2013

Measuring activity shows how a value changed versus a previous base. Do you want to find out kpi template of the previous years? smartKPIs.com can help you with that! Make and investment in something that can help you obtain better results in the future and find out the performance measures that can help you do so.

Measuring profitability shows to what extent a value investing produces the expected results. Example: the company’s profit to invested capital, the marginal profit, the profit on the turnover, the operational cost to turnover. The performance indicators include: strategic indicators - providing information to the management of a company, managerial indicators - providing information to the management or operational indicators - providing information on individual performance.

Choosing the kpis that are relevant to a company takes into account many factors: the strategic objectives, the delay of the activity, the company’s profile, the current situation in the company’s development curve, including the style of management in the company. And find out which key template you need to use by choosing our services.

For example, it was found that growing firms will track the key performance indicators mainly related to the increase in turnover, the degree of penetration into new markets, the number of active customers, the development of the distribution channel and sales, the development of the staff. The companies that are growing will focus their set of performance measures in the profit zone, on the capital invested, in the operating profit and the marginal economic value added. Finally, mature organizations will focus on indicators related to cash flow, the ability to pay, investments / divestments, the degree of organic growth.

Not least important, the steps for choosing the right set of performance indicators are represented by: the clarification of the expected outcome: change / relative change / no change, factors that directly affect the expected output, the value, time horizon, the unit of analysis, participants; the list of possible indicators and unanimous selection (commission, comparison to other companies); the assessment of each indicator based on multiple criteria (compared direct of influence with the expected result, appropriate set as number of indicators) and the selection of the best indicators in cost / reliability vs. efficiency of information.

How should an organization use kpis? The answer is simple! First, one should take their proper setting in accordance with the principles of consideration of the kpi. The indicators have to be grounded in the dynamics and typology of that company and they require much discernment in monitoring and controlling them. Last but not least, it requires that these performance measures to be the faithful illustration of the company’s goals cascaded down to the last level and expressed in operational indicators to track each department / position / employee. Otherwise, the set of indicators will be a wonderful dashboard that will be difficult to access and intelligible in the organizational level, a memorable “picture” but completely non-functional. We put at your disposal kpi template if you decide to choose one of our offers.

Choose smartKPIs.com and you will have access to the latest examples of performance measures and kpi template in the world!