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| Key Performance Indicators |
| Key performance indicators (KPIs) provide you the information to determine if your organization is accomplishing its strategic goals. They measure your organization's performance against the critical objectives that drive your success and add the most value. Signs that your organization may need to implement or adjust KPIs include: |
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no continual improvements in process, costs, customer service or profitability; |
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lack of understanding of the true key performance drivers; |
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monthly management reporting package does not contain KPIs; and |
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employee performance appraisals do not include KPIs. |
| KPIs are industry and organization specific and should typically be limited to only a handful of key drivers that, when focused upon, enhance the success of the organization. |
| Using the SMART methodology and our KPI software, AscendCFO works closely with you to efficiently create and implement KPIs that will focus your organization on achieving its strategic goals and maximizing value. |
| Contact us to learn how KPIs can improve your performance and ensure your success. |
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