KPI reporting has the ability to communicate the progress of a company towards its performance goals. What I like most about KPI Reporting, however, is the fact that it’s instant, transparent and always accessible. But that’s just personal preference; here are the top 5 KPI reporting benefits in order of priority from our users, many thanks to all for their contributions.
#5 Performance Visibility
Keeping actual metrics visible to everyone such as scores shows who is; and more importantly who is not performing.
#4 Performance evaluation
Actual data allows a fact based management approach, the difference between working hard and being busy.
#3 Directs behaviour
If an employee knows how they are measured their behaviour is adjusted to perform towards that measurement.
#2 Improves decision making
The ability to make quicker, informed decisions based on factual data.
#1 A complete overview of progress towards goals
Providing a rudder to the ship and charting progress towards the goal, with critical data for adjustments to the course if needed.