KPI is known as the Key Performance indicator, this is a key measure to your business in general or to your level of performance.
For each corporate there is a KPI and Scalability measure up to the corporate or business strategy and profit margin and to the performance for both of your business and personnel standardization.
A KPI is a measurable value used by organization’s as a way to keep track of and determine progress on a specific business objective. KPIs allow organization’s to evaluate how well they’re performing on business objectives, and if current behaviors should be continued or if a change of strategies is needed. Google Tips
I will not tackle KPI in details but I will also discuss performance appraisal.
KPI means three levels:
Level 1: Milestone
Level 2: Metrics
Level 3: Measurement
L1: When you know your business Milestone these means you set your business slant, and you know that these slants must always be measured.
L2: When you know your business Metrics, this means the Charter of your business.
L3: When you see how it measures up and measuring each aspect or each level.
PERFORMANCE APPRAISAL IS THE KEY QUALIFICATION EACH EMPLOYEES POSSESS WHICH IS SET DUE TO HIS SKILLS AND HIS EXPERTISE.
When you want to measure KPI you must have a strong employee – vice – to scale your business and create an Appraisal performance indicator contract for each personnel.
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