Key performance indicators should focus attention of executives and teams on leading indicators of customer behaviors and business growth.
- Leading indicators are KPIs that you see before stakeholders do. They’re workflow metrics that empower teams with crystal-clear clarity on how they can make a difference that customers will reward.
- Indexes like Ease-of-Doing-Business or CX Value Quotient to track value to customers — particularly useful for strategic trade-off decisions to optimize differentiation and growth.
- Ease-of-Work goes hand-in-hand with Ease-of-Doing-Business. How are you measuring employees’ likelihood of delivering smooth customer experiences?
- Customer lifetime value compels managers to act on customer insights. It reveals the size of your business at-risk or at-opportunity, and how many resources to dedicate. It’s powerful in balancing short-term and long-term decisions. It’s useful for decisions by product management and many more. It indicates both revenue and profit growth.
- Giving metrics the right visibility, transparency, motivations and rewards may be your most decisive choices in driving performance momentum, customer value, and enterprise growth.
How KPI Assessment works:
For KPI Assessment, send a sampling of your indexes and key performance indicators and we’ll give you advice on how to make them more actionable and accountable.
We’ll steer you in the right direction for ensuring your focus is on true root causes best suited to move the needle in business growth.
Request a customized KPI assessment or coaching by sending an email to Success@ClearAction.com
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