Vorecol, Performance Management: Measuring KPIs to evaluate work performance.

Measuring organizational KPIs for your company or organization

 The KPIs (Key Performance Indicators, or Key Performance Indicators in Spanish) are data that allow to measure the performance of a company or department in relation to specific goals , as it can be in a business plan or in business strategies. An example of a marketing KPI in a marketing strategy to review product or service sales would be the conversion rate. Another example, a performance indicator to understand customer satisfaction could be ratings or reviews on social media.

Key performance indicators can be used in various scenarios: measuring progress towards short and long-term goals, comparing the company's performance with the competition or measuring the performance of your employees. Assigning these objectives and tracking them can be complicated for some organizations and companies, which is why we have created Vorecol, Performance Management .

Our online evaluation and performance system is the perfect ally for coordinators, human resources, and managers when it comes to managing the KPI's (Key Performance Indicators) of staff. Through the "S.M.A.R.T. methodology" You will set clear and concrete goals that are easy to measure and achieve, thus avoiding unrealistic or overly ambitious goals.

 Vorecol, Performance Management is one of the most valuable methods of evaluating job performance for decision-making, as it helps companies identify areas of opportunity and establish goals and different types of KPIs quickly and effectively.