All too often we find ourselves in the middle of the daily grind of our business. We can easily find ourselves driving our business by looking in the rear view mirror. Wouldn’t you prefer to drive your business by looking through the windshield and glancing in the rear view mirror? The day-to-day operations take precedence and we don’t get the opportunity to step back and take a look at the things that drive our business. When was the last time you took a look at your company, and how did it measure up? What indicators did you consider?
A monthly “Key Indicator Scorecard” can help you track your business performance on a monthly basis. Your key indicators should help define the performance of your company, your managers and your employees. By taking a look at the key indicators for your business on a monthly basis, it can help you make small adjustments to help keep you and your staff focused on the goals of the company.