3 Strategic Planning Steps to Create Actionable KPIs

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Using Key Performance Indicators, or KPIs is the best strategy for measuring the successes and failures of your business. By defining and tracking KPIs, business owners and managers can get an overview of how their business – or individual departments – is performing at any given time.

Companies can use a combination of KPIs in a dashboard to solve problems or tackle opportunities. And, only a handful of KPIs are needed to measure company health. Businesses that track KPIs in categories such as revenue, processes, employees, and customers find it easier to stay on track and keep their income high. Importantly, leading indicator KPIs help businesses predict what will happen in the future and their future results.

Companies that measure the same KPIs every quarter are able to detect patterns in their numbers. And, these patterns can be useful to adjust your strategy for the next year, predict slow quarters or expected ramp up periods. By tracking KPIs, companies can notice more easily when they are in danger.

In this 60 minute session, Cameo will share 3 strategic planning steps you can take to improve your ability to hit your targets. Learn how to use weekly, monthly, and quarterly reports to stay on track with your most urgent KPIs and progress towards the goals set at the beginning of the year.