Post by jannatara2896 on Oct 20, 2023 22:48:05 GMT -6
This metric is calculated by dividing the total sales value, or the company's total revenue in a given period, by the total sales/revenue generated by the sector as a whole in that same period. Productivity The company's productivity directly impacts its competitiveness. The productivity calculation is made by dividing the outputs by the inputs of the company's activities . ROI – Return on Investment ROI is also an indicator of competitiveness, as it demonstrates the company's ability to obtain a return on investments made in projects, business models, etc.
The result of this indicator reveals the organization's potential in the competitive market. Manage indicators with OKRs The OKR methodology fits perfectly dbtodata.com with indicator management , as, through it, we can define and quantify the key results (Key Results) that make up the organization's goals. To start, simply outline the Objectives that the company wants to achieve in each area and align the Key Results, that is, the results that need to be achieved to get there.
For example, and adopting some management indicators in the area, such as submitted ideas and approved ideas, could be a good path. From there, we will define which Key Results will be used to quantify this Objective – what number needs to be reached in each indicator, to consider success. The advantage of taking OKRs as a starting point is that employees and managers know exactly where they should go, and can act on a daily basis with these objectives in mind.