Article Review: 10 Tips to Immediately Improving your Key Performance Indicators

Did you know Key Performance Indicators (KPIs) can help increase productivity and profitability? No wonder a lot of talk about how to make KPIs better has been floating around the web.  We came across this article about improving your Key Performance Indicators.  If you haven't read it, we've provided the article's main points on planning, thinking, and managing your way to a better KPI process.

1. Spend time planning for KPI implementation

2. Think about unintentional consequences

3. Limit your focus to a max of 10 indicators or metrics at each level of the organization 

4. Manage behaviors, measure results

5. Cascade indicators down from corporate goals

6. Leading versus lagging indicators

7. Use metrics that ensure the truth

8. Have metrics that both operations & maintenance share accountability for

9. Understand the components that make up the metric

10. KPI's are not forever.

Click through to read the full article for more on each of these 10 tips.  We think these are spot on and it just might help hone your KPI process this year.


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