Why KPI Based Performance Management System?
o Increase revenue, profit, market share, quality, services, management capability etc.
o Clear roadmap for future
o Encouraging employees to achieve
o Better understanding of the problem
o Help in decision making and analysis
o Improvement in the organization
o Prevents risk and threats
o KPIs help to measure how well companies, business units, projects or individuals are performing compared to strategic goals and objectives.
o Well-designed KPIs provide the vital navigation instruments that give you a clear understanding of current levels of performance.
o KPIs establish high performance culture in the organization.
o Increase employee retention, engagement, satisfaction and reduce attrition.
o It is a navigation tool to drive business.
o KPIs are strategic tools to make employees accountable and responsible for achieving organizational goals.
o KPIs provide predictive/futuristic analytical data for business decision making.
o KPIs clarify the line of sight of an employee and his contribution towards the achievement of organizational goals.
When used properly KPIs can become the compass that can ...Human Resource
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