Your KPIs or KSIs are your company’s measurable goals that are tied to your strategy. They can help you to assess the present state of your business and help you to prescribe a course of action. They can be defined and laid out in your strategic plan and monitored through your strategic management system. When you and those in leadership of your company or organization analyze your mission, define your goals, direction, resources and stakeholders, you need a way to measure and manage your progress towards your goals.
When you choose the right metrics to measure and use them effectively along with strategic management, they will help you to improve on your business' performance. If you need help in this area you should seek out the services of a management consultant to help you.
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