With looming deadlines and new product releases on the horizon, it is increasingly difficult to fit monthly, or even quarterly reviews into an already busy schedule. This Building Keystones post outlines the components of an effective business performance review. cleverbridge Director of North American Sales Chris Hamill contributed to this post, “Prepare For Success With Business Performance Reviews.” Read an excerpt below:
The first step in measuring performance is deciding which metrics to review. Don’t try to review every little detail of the company or department; it is impossible and counterproductive.
A recommended range is between five and ten crucial metrics that you see as key performance indicators (KPIs). This number is manageable, and after a few review meetings, you may decide to change some of the metrics as the business shifts or opens up to new market opportunities.