Forward Thinking
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PART 6<br />
WORK SMARTER - NOT HARDER<br />
Most business owners are working hard; not SMART.<br />
Firstbase uncovers opportunities to drive engagement, as well as growth and<br />
increased enterprise value.<br />
The Firstbase process consists of a high-level review and assessment on<br />
all operations to provide a scorecard report. This is then presented to<br />
management on the SMART metrics.<br />
Sustainable metric improvements require a continuous evolvement of the<br />
methodology — a cycle that is never fully complete. Measurement and<br />
metrics are critically important to this continuous cycle.<br />
SMART GOALS<br />
Key Performance Indicators (KPIs) are used by organizations to evaluate success<br />
and implement the SMART approach by asking these questions:<br />
S M A R T<br />
SPECIFIC<br />
MEASURABLE<br />
AGREED<br />
REALISTIC<br />
TIMELY<br />
Is your goal well<br />
defined and clearly<br />
understood by<br />
everyone?<br />
Can you track<br />
your progress<br />
towards the<br />
goal?<br />
Do both<br />
employer and<br />
employees agree<br />
to the goals?<br />
Can you achieve<br />
the goal with<br />
the resources<br />
provided?<br />
Will there be<br />
enough time to<br />
complete the<br />
task?<br />
BETTER BUSINESS DECISIONS<br />
A Key Performance Indicator (KPI) is a measurable<br />
value that demonstrates how effectively a company is<br />
achieving key business objectives.<br />
Organizations use KPIs to evaluate their success at<br />
reaching goals and targets.<br />
15 STRATEGIC SOLUTIONS TO ACCELERATE YOUR SUCCESS