Here's how you can use strategic thinking to pinpoint and rank key performance indicators for your team.
To effectively manage your team's performance, you need to understand what Key Performance Indicators (KPIs) are. KPIs are quantifiable measures used to evaluate the success of an organization, employee, or process in meeting objectives for performance. Strategic thinking involves selecting KPIs that align with your team's goals and provide actionable insights. You'll want to choose indicators that are relevant, clear, and directly linked to your strategic objectives to ensure they genuinely reflect progress.