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KPI Courses Benchmark Dec 12, 2023

This article is about KPI Courses benchmark comparing KPI courses offered by main market players.

Many requests received asking about the main differences in courses, tools, and products in the strategy and performance management knowledge market.

In addition to competitive fees, ...

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33 Top Software Solutions for Strategy Management Oct 24, 2023

 

In business management, strategy isn't just a buzzword. It is the cornerstone of a successful enterprise. However, the orchestration of effective strategies comes with its share of challenges.

 

Software solutions have become the unsung heroes, offering a streamlined path...

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How to Set KPI Targets that Drive Business Growth Jul 17, 2023

Every business desire to grow and dominate its market. However, business growth hinges on consistently measuring performance to see how the business is doing and determine whether to optimize performance or implement change. 

This is where KPI (key performance indicators) targets come in....

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Putting KPI Theory Into Practice Mar 27, 2023

There are many possible KPIs for every business objective and management should carefully consider the following:

  • Topics that executives need to discuss, e.g., profitability or productivity.

  • KPIs that already exist and those that need to be established.

  • Improvement requirements, e.g.,...

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Comparison of Strategy Management Methodologies Mar 25, 2023

 The best strategy management methodologies like Balanced Scorecards (BSC), Objectives Key Results (OKR), Management by Objectives (MBO), and Objective-Goals-Strategies-Measures (OGSM) have many similarities.

They help connect the strategy parts in a logical and systematic way.

Increase...

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Target Setting and Motivating Employees Mar 19, 2023

 A well-designed strategic plan relies on establishing targets that are designed to stretch and push an organization forward in meeting its objectives. Setting targets allows organizations to:

  • Ensure individuals focus more clearly when given a quantifiable target

  • Encourage departments to...

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Which Type or Form of KPI Is Best? Mar 15, 2023

There are many types of KPI. It is important to keep a balanced perspective by selecting KPIs that cover the breadth and indicate the health of an organization. For example, when a doctor sees a new patient, they will conduct a series of measurements, such as blood pressure, height and weight,...

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Setting The Right KPIs Mar 10, 2023

It is fairly easy to find suitable financial KPIs for an organization, such as a measure of total revenue. But defining KPIs is less straightforward when applied to more subjective or vague areas of a business, such as customer satisfaction or employee development.

In these instances, more...

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Typical Benefits and Difficulties in Developing KPIs Feb 28, 2023

 Many companies are rediscovering the criticality of measurement as an important management tool. "You simply can't manage anything you can't measure," says Richard Quinn, vice president of quality at the Sears Merchandising Group. In terms of motivation, KPIs do help motivate an...

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Target Setting Purpose, Criteria, and Common Weaknesses Feb 20, 2023

 A well-designed strategic plan requires establishing of targets that are designed to stretch and push the organization forward in meeting its strategic objectives. One common place to start in setting a target is to look at past performance and current baselines. Past trends can be extended...

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