Sign In
Not register? Register Now!
Pages:
1 page/β‰ˆ275 words
Sources:
2 Sources
Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.68
Topic:

Developing Effective KPIs

Essay Instructions:

Prior to beginning work on this discussion forum,
Read Chapters 10, 11, and 12 from Key Performance Indicators: Developing, Implementing, and Using Winning KPIsLinks to an external site..
Watch Financial Management and the Planning CycleLinks to an external site..
In your initial post,
Explain what you learned from the course and how it might be useful to you in your future career.
Explain briefly your recommendation for Fox Factory and your reasons for it, including highlights, lowlights, and areas that might remain unclear to you.
Revise and upload the Balanced Scorecard Excel sheet, OMM622_Balanced Scorecard_Template.xlsx, created in Week 5 with any feedback from your faculty.
Revise the sheet only for the recommended option.
Include five goals and associated KPIs using the recommended template.
Guidelines:
Your post must be a minimum of 250 words.
Avoid religious, cultural, gender bias, or insensitive words towards your instructor or classmates in your speech/post.
Parmenter, D. (2019). Key performance indicators: Developing, implementing, and using winning KPIsLinks to an external site. (4th ed.). John Wiley & Sons, Inc. https://ebookcentral(dot)proquest(dot)com/lib/ashford-ebooks/reader.action?docID=5969554&ppg=1
Chapter 10: Reporting Performance Measures
Chapter 11: Ongoing Support and Refinement of KPIs and CSFs
Chapter 12: Implementation Case Studies and Lessons
The full-text version of this book is available through the Ebook Central database in the University of Arizona Global Campus Library. This book provides information about the balanced scorecard and KPIs and includes a short case study. Chapter 10 discusses the structured approach required for reporting measures. Chapter 11 discusses the importance of the ongoing support and refinement of KPIs. Chapter 12 provides information on some case studies and lessons. It will assist you in Your Experience and Analysis of the Course discussion and Final Project—Case Study Recommendation assignment this week.

Essay Sample Content Preview:

Discussion Forum
Student Full Name
Institutional Affiliation
Course Full Title
Instructor Full Name
Due Date
Discussion Forum
One of the things I learned from the course relates to developing effective KPIs. The course helped understand the steps involved in generating relevant KPIs. For instance, I discovered that the first step is defining the strategies clearly: the strategic objectives provide focus and clarity when deciding the most effective KPI relevant to the strategic objectives (Films Media Group, n.d.). The second step is finding the right metrics to track progress and output concerning the strategic objectives. A good metric must be founded on clear data, understandable, comparable to other equivalent competitors, and able to inform a company about required alterations (Parmenter, 2019). The next step is determining the measurement method for each identified metric. Each company or business has its own approach, and it is, therefore, important to find a measurement framework that fits the unique needs of the chosen business or company.
My recommendation for...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

πŸ‘€ Other Visitors are Viewing These APA Essay Samples: