ChristianSteven Business Intelligence Blog

How to Use Your Business KPIs to Improve Your Profits

Although there are endless uses for business key performance indicators, using KPIs for profit is a popular application. Everything in a business is designed to generate revenue, so it isn’t surprising. Using KPIs for profit, however, requires a multi-pronged approach. To get the most out of your business, you need key performance indicators for your employees, your customers, and your future.

Topics: KPI key performance indicators business kpis business key perfromance indicators

The Best 5 Competency KPIs You Need for Tracking Training Activities

 Facts are best shown as numbers, and giving your trainees access to the most exact performance reports is key to their success. KPIs (Key Performance Indicators) provide data sets that indicate the status of important percentages throughout your business, and they are an essential way to track training activities. Not only do trainees do better with information about their performances, but decision makers need to know the status of the programs and the trainees they produce.

Topics: key performance indicators training kpis competency kpis

The History Of KPIs And Their Rise To Popular Use Today

What are key performance indicators? At the most basic level, they are a metric (a measurable value) that allows you to gain an accurate idea of how well your company is doing. It is a way for you to measure the performance of your company and its progress towards your objectives. For your business to be successful, you need to implement KPIs at different levels and in different departments. From process-oriented KPIs to those that measure the performance of your company as a whole, each one is unique and important. Where did they come from, and why are they so popular today? These are some of the questions you can expect to be answered below.

Topics: KPI key performance indicators kpis key performance indicator KPI Trackers KPI Creation kpi dashboard kpi dashboard software balanced scorecard

Top 7 Marketing KPIs You Should Be Tracking

Key Performance Indicators (KPIs) are measurable values that demonstrate how effectively a company is achieving its key business objectives. Businesses use KPIs to evaluate their success at reaching set targets.  Just like there are different departments in an organization, there are different KPIs to be tracked.  For example, the sales department may track total revenue, new customers, and average deals to gauge progress toward their revenue targets.  The human resources department may track employee turnover, employee engagement, and employee transfers. 

Topics: business intelligence key performance indicators kpis