![]() Let’s face it: without a clear strategy in place, any goals an organization tracks will likely have little to no purpose. When a KPI is unhealthy, teams and people are forced to take a deep-dive into understanding why and what is causing the area of the business to be unhealthy and ensure they find ways to innovate in order to bring it back on track again. It gives context when things are either not going as planned or are doing well. Having all the most critical information in front of you sheds light on areas that otherwise would have been overlooked. ![]() In doing so, your KPIs transparently communicate what is expected from your people, what should be kept top of mind and how they should carry out their day-to-day activities. They should be carefully hand-picked by closely reflecting on the organization’s strategy and priorities. KPIs by definition are your most important health metrics. Having this information at hand gives you the opportunity to make better, calculated decisions. ![]() Tracking the progress of KPIs over a period of time means that the organization and its teams have a clear window into the priorities of the organization, its health and they can easily identify trends, strengths, weaknesses, and opportunities. However, here are three of the core benefits an organization can expect: Organizations experience a plethora of benefits by using KPIs - a lot of which you’ll witness throughout this guide.
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