Varying elements drive every business from one stage to the next. From inception to maturity, a business must focus on what is most important at that moment to carry it to the next level of growth. Distilling the current strategy into its key metrics and setting measurable goals keep the entire company population focused and pulling in the same direction. Silicon Valley Accounting Solutions assists their clients to identify, quantify, and visualize goals at each stage of development.
Identify current drivers
- Which performance factors are critical?
- Drill down to the essential steps to achievement
Make them measurable
- Identify how you will know that each step is done
- Quantify the outcome
Keep them front of mind
- Determine the frequency to measure progress
- Create a simple reporting mechanism to keep key staff informed
- Assign responsibility for generating the report and reviewing progress