We are developing measurable KPIs to track progress towards specific goals set by organisational stakeholders, based on the current business vision. We assist various institutions in monitoring and evaluating company progress, identifying gaps and opportunities, and delivering their value proposition to stakeholders. This is achieved through a series of steps in this field, as follows:
– Strategic Planning: Developing a clear strategy that defines the company’s objectives, directions, and priorities, based on a comprehensive analysis of the internal and external environment, strengths and weaknesses, opportunities, threats, and stakeholder expectations.
– Selecting Relevant KPIs: Choosing key performance indicators that will help monitor and measure performance. These indicators must align with the organization’s strategic objectives and reflect its critical success factors.
– Setting Goals and Criteria: Next, we establish realistic and challenging goals and criteria that motivate employees to achieve them, based on data and evidence, reflecting current and desired performance levels.
– Data Collection and Analysis: Then, data is collected and analysed to show results and progress, ensuring accuracy, reliability, and multiple sources of data collection. The data must be relevant, consistent, comparable, and follow the same standards.
– Communicating Strategic: Performance Indicators to Stakeholders: Finally, the company shares strategic performance indicators with stakeholders such as customers, employees, partners, regulators, and investors, ensuring mutual understanding of their roles in achieving strategic objectives.