Making a strategic plan and corporate performance. Management for a company has become vital for sustainability in today’s world. At this point, the most important element that we observe that companies. Have difficulties with is the relationships between strategies , sub-strategies. Targets , and kpis ( key performance indicators ) that need to be established in. The strategic planning process and the stage of their creation. In this article, we aim to. Propose a solution based on good practice examples in the world and. The albert solino methodology regarding the relationship between strategy , goal and kpi. I would like to summarize in 2 stages what needs to be done to establish. The correct relationship between strategy.
Target and KPI
The process following the strategic target tree that emerged as a result of the strategy determination meeting that we recommended to Fax Lists be held together with the Strategy Planning Committee: What is KPI? KPI is essentially an abbreviation of the words Key Performance Indicator. In Turkish, we can express it as a key/basic/key performance indicator. In its most general definition, it means target. It is a term that shows the current value of the business according to the determined targets. In other words, it measures the current performance status information of the business. Using KPIs is important in understanding what is important within the company and improving this understanding. Let’s consider the speedometer of a vehicle. If the highest speed the vehicle can reach is the company target.
The needle becomes our performance indicator
As a result of the studies, is the needle approaching or moving away from the target? The situation in which this measurement is made is called KPI. Since the AWB Directory goals of each department within a company are different. Therefore, separate KPIs should be determined for each of these departments. Because KPI is defined as performance measurement according to the target, and since the targets are different from each other in the marketing and technical. Therefore, malfunction departments, for example, the performance of each department must be measured separately. When KPIs are determined correctly, they are one of the best methods for employees to continue their development and increase their performance.
