Get the opportunity to grow your influence by giving your products or services prime exposure with Performance Magazine.

If you are interested in advertising with Performance Magazine, leave your address below or contact us at: marketing@smartkpis.com.

Advertise with us
logo1 KPI Certified

Why use KPIs?

Facebooktwittergoogle_pluslinkedinFacebooktwittergoogle_pluslinkedin

why use KPIs

Using Key Performance Indicators to monitor a company’s performance provides several advantages.

The most important benefits refer to:

Clarity:

  • KPIs allow you to make use of big volumes of data and make decisions based on information;
  • KPIs outline underperforming business areas;
  • KPIs provide an objective overview of the business.

Focus:

  • KPIs enable better communication;
  • KPIs ensure alignment and synergy between departments;
  • KPIs facilitate better control.

Improvement:

  • KPIs allow you to take corrective actions to improve performance;
  • KPIs provide effectiveness as they monitor and reflect an organization’s progress towards reaching its strategic objectives;
  • KPIs positively affect productivity.

References:

Protecting against financial fraud with KRIs
Key performance indicators in the oil & gas industry – BP Company
free

Tags: ,

THE KPI INSTITUTE

The KPI Institute’s 2017 Agenda is now available! |  The latest updates from The KPI Institute |  Thriving testimonials from our clients | 
× popup

We REWARD your opinion with a $138 PACKAGE of performance management resources

Take the survey!
Don't show this message again
Not now