What is the Current Role of KPIs in your Company?

What is the Current Role of KPIs in your Company?

🔥NEW Schrage M. and Kiron D. conducted research on the use of KPIs. In their survey, key performance indicators are defined as 'the quantifiable measures an organization uses to determine how well it meets its declared operational and strategic goals.' The results show that most respondents do not rely significantly on KPIs to lead people and their processes. Nearly 30% of respondents said that their organization's KPIs have little, minimum, or none at all in driving the way they lead or manage their people and processes. But over 40% said their organization's KPIs were quite influential.
Overall, most companies do not deploy KPIs rigorously for review or as drivers of change. In practice, KPIs are regarded as "key" in name only; the most prevalent attitude toward them seems to be one of compliance, not commitment.
Does your company use KPIs in a perfunctory way, or as an instrument that adds value, or does it not use them at all because they are considered useless?
Reference: Schrage M. and Kiron D. (2018), "Leading With Next-Generation Key Performance Indicators", MIT Sloan Management Review.

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		3 M dawood
	KPIs Use by Companies WOW, amazing after over 30 years of introducing KPIs and BSC, many companies still don't use KPIs or... Sign up

		1 Mike McKeeman, United States
	KPIs as Leadership Tools KPIs offer leaders an opportunity to quantify their team's performance. The process of creating KPIs... Sign up

		2 Guruvayurappan CxO / Board, India
	Effective Use of KPIs The success with KPIs is directly proportionate to top management commitment to make it work. I hav... Sign up

		1 Gina Martinez Business Consultant, Mexico
	The Meaning of KPIs is Sometimes not Understood A very interesting topic for discussion. Thank you for bringing it up. My perception is that sometim... Sign up