Posts Tagged ‘customized performance metrics’

The Measure of Success

Developing a system of business metrics is the key to competitive advantage and sustained success. Most companies utilize a variety of general metrics that allow upper-management to track overall financial performance of the business – compared to previous months, years and competitors.  But when drilling down into these numbers for specific insight into business drivers, it’s important to have customized performance metrics that give management company-specific insight into ways their organization can improve (e.g. sales numbers via product, promotion, referral business, repeat customers, etc.).  Work with your bookkeeper to identify the specific areas within your business that need special attention […]

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