KPIs are SMART Targets: 2 Minutes To Success Series.
KPIs are SMART Targets: 2 Minutes To Success Series.
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KPIs are SMART Targets is a video that explains Key Performance Indicators (KPIs) which are well-established in the world of business. They are outcomes-based statements of progress towards stated goals. While KPIs are used to assess the corporate strategies and operational activities of a business, individuals frequently have their own personal KPIs, as part of regular performance reviews. In this video psychologist Eve Ash outlines how short and long-term KPIs can be SMART: Specific, Measurable, Achievable, Relevant and Timely. Learn how KPIs measure and assess goals, performance, initiatives and activities; Discover how KPIs help track the progress and success of an individual, project, products, departments, strategies; KPIs must be quantifiable and based on outcomes and are most useful when they are SMART targets; Ensure KPIs are Specific - states exactly what the KPI is measuring; Learn that KPIs are Measurable and assessed against a defined standard; Recognize that KPIS must be Achievable and able to be delivered; Ensure KPIs are Relevant to the organization's objectives; Agree that KPIs are Timely and delivered within a set timeframe.;
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