Setting up KPIs (Key Performance Indicators) for the employees in an organization is very important.
These KPIs measure the aptitude of the employees in the different departments. One thing to remember is “if you can’t measure it, you can’t manage it”.
Every KPI should be specific, measurable, attainable, relevant and timely (SMART). These are the best indicators to track the performance of the employees and ensure that they are treading in the right direction.
Each performance indicator is a quantifiable matrix, which reflects how well the organization achieves its goals and objectives.
By defining specific goals, a clear path is defined. This helps in measuring the performance and in giving the required guidance to attain the set goals.
Once the goals are defined, they should be measured. It is important to stay focused and work.
Always set realistic goals. The set KPIs should motivate the employees to work hard.
It’s always important to set KPIs that helps in working towards the growth of the employees and also the organization.
Timelines should always be specified in order to achieve the set goal.
These KPIs should be monitored on a regular basis through review meetings.
SMART KPIs help in driving the company towards greater success. Implementing them appropriately ensures that the employees will work to their full potentials and attain the set goals.