CEOs need easy access to a few key performance indicators to monitor how healthy the business is at a given point in time.
It’s imperative to identify a handful of metrics that the CEO needs to see daily or weekly.
These metrics should tell a quick story and give insight into both external and internal trends. This blog provides KPI Examples for your leadership team.
Business leaders need to keep up-to-date in real time (or as close as possible) so that they can have the actionable insights needed to make adjustments to their priorities.
Here are some examples of KPIs that a CEO should be watching for their leadership team:
Human Resources Leader
Manufacturing Team Leader
Purchasing/Supply Chain Leader
I don’t think it is an accident that successful CEOs are watching KPIs that fall into one of the 4 categories:
Thinking about your business, what Customer, Employee, Revenue, and Process KPIs are key for your company’s success?
Your list will be unique and based on your industry and specific goals. However, the ideal KPI dashboard for CEOs should include one or two metrics from each of the four key areas to ensure a balanced scorecard of your company’s success.
Keep in mind that there may be more than KPIs on your CEO dashboard.
You’ll also want to keep an eye on the key projects – or quarterly rocks in Rockefeller Habits – that help drive your numbers towards your strategic plan.
For example, if you are implementing a CRM to improve your sales KPIs, you’ll want to make sure that you keep track of that project on your dashboard as well.
This will ensure that you are not only looking at the key numbers, but you’re also looking at what you are doing to improve those numbers.
This will give the Executive and Management teams the performance dashboard that they need to keep the business performing at a high level.
I want to acknowledge 2 key sources for this blog:
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I hope you have enjoyed these insights. Have a great week and stay growth-focused!