Many business live and die by their Key Performance Indicators (KPI’s)…at least they think they do.
But in times of crisis like right now, many are finding that most of their KPI’s really don’t matter much.
With many business struggling to get enough customers, the only metric that really matters is the Top Line Revenue metric.
Even the Profit Metrics don’t matter much for many as they’re already operating at a loss.
So maybe it’s time to consider a Tiered KPI System.
Focus on your Top 2 KPI’s first.
Only once they’re achieved, do you start looking at your next 4 KPI’s.
And so on.
#businessmetrics #kpis #rethink