Setting
up KPIs (Key Performance Indicators) for the employees in an organization is
very important.
These KPIs measure the aptitude of the employees in the
different departments. One thing to remember is “if you can’t measure it, you
can’t manage it”.
Every
KPI should be specific, measurable, attainable, relevant and timely (SMART).
These are the best indicators to track the performance of the employees and
ensure that they are treading in the right direction.
Each performance indicator
is a quantifiable matrix, which reflects how well the organization achieves its
goals and objectives.
Specific
By
defining specific goals, a clear path is defined. This helps in
measuring the performance and in giving the required guidance to attain the set
goals.
Measurable
Once the goals are defined, they should be measured. It is
important to stay focused and work.
Attainable
Always set realistic goals. The set KPIs should motivate the
employees to work hard.
Relevant
It’s always important to set KPIs that helps in working
towards the growth of the employees and also the organization
Timely
Timelines should always be specified in order to achieve the set goal.
These
KPIs should be monitored on a regular basis through review meetings.
SMART
KPIs help in driving the company towards greater success. Implementing them
appropriately ensures that the employees will work to their full potentials and
attain the set goals
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