A broad benchmarking genre with enormous opportunity.
Every industry has key metrics that are critical KPI's.
These Key Indicators could relate to:
- HR - staffing levels, production per person, job roles, ratios of support staff to professional staff
- Manufacturing - type of manufacture, margins in manufacture, wastage
- Service levels - delivered in service industries
- Farming - production per acre/hectare, cropping ratios, feed conversion efficiency
- Margins - gross margins
The sky is the limit!
Metrics are extremely important in most industries but the items that need to be monitiored will vary from industry to industry.
If you don't know what needs to be compared here then just ask your more astute customers / members what is important to them.
Need more help or ideas?
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