Key Performance Indicators - Assignment Example

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The paper 'Key Performance Indicators' focuses on employee turnover (rate of leaving the company), feedback from the clients and stakeholders, productivity outcome over a period and client retention and recruitment rate. The above-mentioned indicators apply to most if not all organizations…
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Key Performance Indicators
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Positive and encouraging feedback from both the clients and the stakeholders of the organization is an indicator of good performance in the organization. However, if the feedback is constantly marked by threats and disappointing remarks, it indicates something is not ok in the organization’s performance.
Productivity outcome is mainly indicated through the profits and losses in an organization in a financial year. If the profits outride the losses, then it is an indicator that the organization is performing well. When the losses are more than the profits, then the company is not performing well. The productivity outcome should however not be based on only one financial year but several continuous ones.
Finally, if no new clients are being recruited in the organization frequently or they keep on leaving the organization and seeking services and products of other organizations, then this is an indicator that something is wrong with the performance of that organization. If however new clients keep coming and the old ones are retained, then performance of the organization is effective. Read More
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