Management indicators: how to measure KPIs to drive results?

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Do you know what management indicators are for and what their purpose is? We know that each action or strategy adopted by a company brings a different result. In the end, we need to evaluate whether this result achieved what was expected or not. Once you understand what KPIs are and discover how to use them, this task becomes much simpler.

KPIs are indicators that are great allies when it comes to determining whether the measures adopted were effective. All sectors of a company can use them strategically, as there are different types for the most diverse analyses.

Your business can also benefit from these tools, so we’ve prepared this article to help you. In it, you’ll learn what KPIs are, see some examples of indicators, and find out how to improve them. Keep reading!

What are management indicators?
First, let's look at what is meant by management indicators . They are an belarus whatsapp list important decision-making tool that analyzes the information available about corporate processes.

This helps everyone to have an overview of the company's performance. It also allows for an objective reading of aspects such as profitability, productivity, profitability, competitiveness, strengths and points that deserve attention.

They also serve to analyze available information, organize it, and use it to support action plans. This allows for an objective reading of the company's many strengths and weaknesses and helps with improvements.

Through them, it is also possible to measure the results of each action and understand what makes sense within a company's strategy, and what are the points for improvement.

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What are the 4 types of management indicators?
Let's look below at the four main management indicators and what each one is intended for.

Performance indicators
Performance indicators , as the name suggests, refer to the productive performance of the company or a specific department in relation to the use of resources in a given production process.

In other words, productivity indicators analyze how much the company can produce using the minimum possible resources, that is, maximizing production and minimizing resources.

We can highlight some benefits of this indicator, which are:

Increased assertiveness in daily decisions;
Effective monitoring of teams;
Greater accuracy in setting goals.
Quality indicators
Quality indicators are responsible for verifying the quality of processes and products. They can identify non-conformities in deliveries. Indicators of this type basically deal with the relationship between total outputs and outputs with deviations or defects.

Capacity indicators
Capacity indicators show how much the company, team, or employee is capable of producing during a given period. In other words, they measure how much can be delivered within a specific time frame.

Strategic indicators
Strategic performance indicators are directly related to the company's strategic planning. In other words, they are directly related to the broader objectives of an organization, thought out in the medium and long term.

We can say that by adopting these 4 main types of performance indicators in your company, your business will be able to make improvements in processes and reach its goals faster. But you need to be careful not to make mistakes when choosing performance indicators for your business.