Here are some KPI examples to demonstrate how you can present key performance indicators to your team in dashboards and reports.
Example of measurable kpi. For example you might want to track sales by region if youve launched into a new market and want to see how youre performing. An instructional objective like introducing 2 new skill training policies. Examples of sales key performance indicators.
Some call it management-speak or jargon. Its a metric attached to a goal and can be acted on much easier. At Klipfolio we monitor a few KPIs but then track more deeply all the measures and activities that can effect that KPI.
Examples of Financial KPIs Growth in Revenue Net Profit Margin Gross Profit Margin Operational Cash Flow Current Accounts Receivables Inventory Turnover EBITDA. This KPI measures and tracks the departmental administrators ability to submit comprehensive reports on all department functions with enough lead-time to ensure that the review process is complete. Number of qualified leads.
Before you look for example KPIs make sure the results you want to monitor are measurable. Too many goals simply arent clear and specific enough to be measurable. For example if we track Monthly Recurring Revenue MRR we know that of quality leads of trials started of successful onboards and many other measures will impact the success of MRR.
Assign responsibility for each KPI to specific individuals. Shows resilience in the face of constraints and frustrations Resilience in the face of constraints and frustrations is an essential leadership skill that will help the team member navigate seemingly immense challenges in the workplace. When an HR department successfully lowers the turnover rate it saves the company from the considerable expense of recruiting interviewing and training new employees.
Executive Dashboard Sales Dashboards. They contain weasel words the kind of language that is vague broad and fluffy. Therefore your dashboard will be indicating daily sales and maybe a percentage increase or decrease in the daily sales.