Episode 16 – Measure Up – KPIs That Work
Last week, we looked at the importance of knowing your numbers and the profit formula. I took you through a simple revenue exercise to demonstrate the relationship between the various revenue and cost drivers on your P & L. If you missed it, you can catch up here.
This week’s video is in response to a question I received last week, about how to set meaningful KPIs in a business context.
Key Performance Indicators, or KPIs are a popular business topic. Pretty much every business owner would agree on the benefits of using KPIs, but not as many are quite so clear on how to determine and measure them effectively.
So how do you go about setting meaningful KPIs in your business?
Check out Episode 16 below and please reach out to me if you have any questions.
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