The article focuses on the importance of key performance indicators (KPIs) in measuring the success of recruitment process outsourcing (RPO) for global businesses. Topics covered include the need for businesses to ha...
When developing a KRI, knowledge of the organization and how it operates -- plus knowledge of the potential risks, threats and vulnerabilities it faces -- are the essential starting points. Without an understanding of the company, it is difficult to identify where it may be at risk. Internal ...
Production planning is a broad discipline that involves much more than a focus on manufacturing process efficiency. It is intertwined with nearly every other aspect of the business, including finance, sales, inventory and human resources. Production planning activities include demand forecasting to determ...
Now, let’s chat about why team camaraderie is like the secret sauce to your business success burger. Yes, you could still have a burger without the sauce, but we all know it’s the sauce that brings all the flavors together, making it unforgettable. That’s what camaraderie does to you...
Brand awareness is the familiarity consumers have with a brand. Find out why it’s important, how to increase it, and ways it can help grow businesses of all sizes.
Customer Lifetime Value (CLV) defines the value a customer brings to a business over their lifetime. Here’s why it matters and how you can improve yours.
By monitoring how, what, when, and to whom sales reps are cross-selling and upselling, sales leaders can adjust the efforts properly. How Other Businesses Deals with KPIs Let's take a look at what kind of Sales KPIs have other businesses and how do they track it? What is your Sales...
Brand monitoring lets you understand what audiences think about your brand & keep track of conversations. Learn how to do it the right way.
Choose appropriate KPIs that will show progress. For instance, a business may want to reduce energy consumption by 10% within one year. First, it must track companywide energy use to find the benchmark level. Next, it should set interim goals, such as reducing energy consumption by 2.5% ea...
Brand equity is how much your brand is worth in the eyes of consumers. It’s the sum of every interaction that customers have with your products and brand, and translates to how much they’re willing to spend purchasing from you.