Why Indexed KPIs Are Critical For Business Performance And Success

By using the index and tying pay for performance programs to the index rather than a discrete departmental measure you cause the company to pull together in the same direction. Instead of having disjointed goals which sometimes conflict with other departments each area would automatically pull together to push the overall KPI higher. By using indexes and weighting them according to the importance to the business you are directing your company's energy where it is the most meaningful.

Provided by: R3Now.com Topic: Data Management Date Added: Jan 2010 Format: HTML

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