Reports on metrics -- the measurements used to assess some aspect of a company's performance -- are worthless if managers cannot turn the data into results. Key performance indicators, or KPIs, give ...

The following excerpt is from franchise expert Mark Siebert’s book The Multiplier Model. Buy it now. One of the most important things you can do to help ensure the success of your business is to ...

Key performance indicators, or KPIs, measure the effectiveness of a function within an organization, and are especially important for a core functional area such as accounting. By tracking and ...

I’ve got a pet peeve about the terms metrics and KPIs (key performance indicators). Too many people use those terms interchangeably, and while it may seem like a small thing, it drives me a little ...

Today, KPI tracking is but one part of many that deal with business intelligence (BI). But the practice of tracking performance has been around much longer than that—around 1800 years longer. Its ...

It all comes down to what stage your business is at, its goals, and identifying the supporting metrics that can help you get there. Collecting and analyzing data promotes better decisions and helps ...

Running a successful business comes with many challenges. Fortunately, there are ways to track your performance and identify potential issues before they cause damage. One of the most valuable tools ...

“Well, you know how they say most businesses close in the first year? It’s been 18 months and we’re still here!” “David” came to me for business coaching for his retail franchise. It was very clear ...

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You probably already track key performance indicators (KPIs), such as meantime between failure (MBF), unscheduled downtime, work order completion rate, and work order backlog. If not, you should — and ...