Free Top 30 SME KPIs
A Fundamental Resource for SMEs to use when creating Simple Reports and Dashboards
WARNING This is a menu not a banquet – don’t use all of these together
Here is what to do with this list:
- Step 1 – Don’t use them all!
- Step 2 – Choose 8 and build the data collection and reporting of these top 8 into your weekly reporting routine.
For Smaller SMEs the suggested break of your Top 8 is a mix of the following:
• Financial – three
• Performance – two
• Business Generation – one
• People – one
• Any other vital parameter – one
When deciding which 8 are the most important make your choice based on your current business strategy for profitable growth offset with reducing risks to the business.
For Larger SMEs– If you are a big enough business to have departments then the Director’s ‘Top 8’ will reflect the above list ; however every department should also have its own top 8 which more heavily reflects their departmental focus.
e.g. The sales department may have: Two Financial, Five Business Generation, One Performance ,One People , and One measure for Market Environment.
Use this FREE List to review your existing KPIs, or add new ones.
It is easiest to setup a spreadsheet where you track the data and then create a set of graphs so you can see improvements. Remember, you can chop and change your top 8 KPIs every six months or so as you focus on new areas of your business – but start by setting up, and then stabilising, a few at a time.
P.S. Why let the next six months of the year be packed with uncertainty as parts of your business thrive, but your cashflow continues to flounder? Uncover the secrets you need to make more powerful and profitable decisions for greater business success!