Most companies use KPIs to set financial targets they would like to achieve in their business. These include margin, cash flow, and other similar financial-oriented KPI measures. What companies often fail to do, however, is to define how the organization will achieve these measures.
This presentation will explore implementing performance management techniques to translate vision and strategy into action and results including how KPIs can help measure progress toward achieving those results.
• General overview of common KPIs currently utilized in the industry • Understand the process to create KPIs to help achieve desired results • Understand how to implement action steps and processes linked to KPIs to measure whether those action steps or processes are achieving desired results • This presentation will include an example of how to manage capacity costs to improve bottom-line performance for companies with aggregate mining, asphalt, and paving operations.