City Gloss

Balanced Scorecard KPIs

Tags: business & economy, trade
, Posted in: News, Author: AWHadmin (March 16, 2018)

The good achieved figures of KPI must ensure the long-term increase of the value of the company. In the development and the implementation of KPI for the balanced scorecard or device panels, one must understand that KPIs should correspond to the ten basic parameters and, although the code can demonstrate some of these characteristics, good KPIs have all of them. The KPIs reflect and measure the key levers of the business value. Such lever of the value present the acts which are implemented, guarantee future success. Valued for satisfying this demand explanations or existing KPIs (how successfully enable them the Organization towards achieving the stated financial and planned objectives. The examples of lever of the value can be “the full satisfaction of the customers” or “the excellent quality of the product”. Usually, the KPIs are not a financial measure. The KPIs initialize the corporate considerations of how successful does the Organization on the functional areas that affect the vast financial results, which are important for the shareholders.

It follows that no leading lever are indicators of the financial projection. However, the most important financial indicators depend on typically the financial indicators of the implementation of the strategy not affecting them. The Executive Directorate to determine the most important levers of the value in the course of the formulation of the Organization’s short-term and long-term strategy. To get the result of the use of this particular lever, the Executive Directorate will decide how she will measure the key figures, influencing the State of this lever. Unfortunately, too many Executive directorates meet the strategic planning, the agreement and the claim without regard, in what way are the measurements of the influencing indicators are met, which are known as the KPIs. The results are predictable and sad. A rule: There are no way to manage what it is not appropriate. Each group at any level is headed by the Director in any organization.



Comments

Comments are closed.

Pages

Categories

  • News

Archives

  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • March 2018
  • February 2018
  • January 2018
  • November 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • March 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • June 2015
  • May 2015
  • April 2015
  • October 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • May 2013
  • April 2013
  • November 2012

Blogroll

Meta

  • Log in
  • Valid XHTML
  • XFN
  • WordPress
Home | Entries RSS | Comments RSS
City Gloss © 2025
City Gloss powered by WordPress
Designed By Yellow Blog