{"id":15306,"date":"2023-06-15T14:16:44","date_gmt":"2023-06-15T07:16:44","guid":{"rendered":"https:\/\/phanmemnhansu.com\/?p=15306"},"modified":"2023-06-15T14:16:44","modified_gmt":"2023-06-15T07:16:44","slug":"5-buoc-xay-dung-kpi-hieu-qua-cho-doanh-nghiep","status":"publish","type":"post","link":"https:\/\/phanmemnhansu.com\/en\/5-buoc-xay-dung-kpi-hieu-qua-cho-doanh-nghiep\/","title":{"rendered":"What are KPIs? What types of KPIs are there? How to create effective KPIs?"},"content":{"rendered":"

KPI is a familiar phrase, often encountered every month, every quarter or periodically, when a superior assigns a task or task. Each department in the company will have different KPIs to objectively evaluate the performance of each individual or department. In this article, let's find out more with Coffee HR\u00a0What are KPIs?<\/strong><\/a>\u00a0and how to set the most effective KPI!<\/em><\/span><\/p>\n

What are KPIs?<\/strong><\/span><\/h1>\n

KPI<\/strong>\u00a0The abbreviation of the English phrase "Key Performance Indicator" is a tool to measure and evaluate work productivity, expressed through data, ratios or quantitative indicators. . This is an indicator that reflects the performance of each individual, department, organization or business.<\/span><\/p>\n

\"KPI
<\/span> What are KPIs?<\/span><\/figcaption><\/figure><\/blockquote>\n

Depending on the characteristics of the organization, the KPI is divided into many different levels. Understand\u00a0What are KPIs?<\/strong>\u00a0will help individuals and departments focus on the initial set of goals to complete on time. Running KPI is the basis to help employees ensure the correct implementation of responsibilities and obligations, contributing to the evaluation becoming specific, transparent and fair.<\/span><\/p>\n

KPI classification<\/strong><\/span><\/h1>\n

Depending on the characteristics of each company, the setting is monthly, quarterly or periodically\u00a0What are KPIs?<\/strong>\u00a0Not only helps the management and superiors track the completion of work of employees, but besides, each individual will determine the goal to be completed.\u00a0KPIs<\/strong>\u00a0KPIs are divided into two categories: strategic KPIs and tactical KPIs.<\/span><\/p>\n

KPI belongs to strategy<\/strong><\/span><\/h2>\n

Strategic KPIs are targets set by senior leaders of the company, directly affecting the business situation of enterprises such as sales, profits, market share, and invested capital. This index is associated with the company's strategic goals in the short and long term.<\/span><\/p>\n

For example<\/em>: In 2022, company V aims to increase its market share in the consumer goods industry in Vietnam to 15%. Or if the market share of 15% is not achieved, current investors will withdraw capital from V company, affecting the operation of the group in the future. This requires each department and organization to run KPI according to the set plan.<\/span><\/p>\n

>>> Don't miss: <\/strong><\/em>Digital transformation in business<\/a>: How to be successful?<\/em><\/span><\/p>\n

Tactical KPIs<\/strong><\/span><\/h2>\n

Having a narrower category than strategic KPIs, tactical KPIs associated with specific activities and tasks to help the company achieve strategic KPIs or strategic goals. Therefore,\u00a0KPIs<\/strong>\u00a0belongs to tactics that are introduced from lower levels in the company such as directors, department heads, department heads, and then deployed to groups, or individual employees.<\/span><\/p>\n

For example<\/em>: The Marketing Manager is responsible for asking the social media manager to release this month\u00a0What are KPIs?<\/strong>. Specifically, the company's TikTok channel until the end of May 2022 needs to run KPIs to reach the milestone of 10K followers. Although this index does not have much impact on the company's sales, it contributes to increasing awareness and expanding reach to customers. At the same time, tactical KPIs also measure the development of communication channels in each period.<\/span><\/p>\n

\"Ph\u00e2n
<\/span> Classification of KPIs: Tactical KPIs and Strategic KPIs<\/em><\/span><\/figcaption><\/figure>\n

Benefits of KPIs for businesses<\/strong><\/span><\/h1>\n

After understanding\u00a0What are KPIs?<\/strong>Every individual and team will know that KPI plays an extremely important role in the development of an entire business, affecting the results of the implementation of the set goals.<\/span><\/p>\n

Understanding\u00a0What are KPIs?<\/strong>\u00a0and running KPI effectively will bring many outstanding advantages such as:<\/span><\/p>\n