KPIs are SMART Targets
This title is part of the
2 Minutes To Success Series
Duration: 2 mins
Synopsis
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.
Key Learning Points
- 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
Recommended Audiences
- All staff
Distributed in the following format(s)
- DVD
- Stream
Available in the following language(s)
- English
Media Type
Video Recording
STOCK CODE
2M2S73
Published
Melbourne, Australia
Filming location
Melbourne, Australia
Release year
2022
Copyright owner
Seven Dimensions
Publisher
Seven Dimensions