Question
KPIs influence each other and overlap in various ways. For instance, a change in one KPI can directly affect another. This is because KPIs are often interconnected, reflecting different aspects of the same business process or objective. For example, an increase in sales (a KPI) could lead to an increase in customer satisfaction (another KPI), demonstrating an overlap. Similarly, if a company's KPI for reducing production time is achieved, it may influence the KPI for cost reduction, as less time spent on production could lead to lower operational costs.
This question was asked on:
Effective decision making is impossible without Key Performance Indicators (KPIs). One important thing to know about KPIs' "behavior" is that they constantly overlap and influence each other. Lay out your lead performance indicators alongside each other with our presentation and instantly analyze and communicate to your team the goals that are met regularly and those that need reevaluation.
Receive new free presentations every Monday to your inbox.
Full content, complete versions — No credit card required.
