How to Develop Key Performance Indicators

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OnStrategy I Virtual Strategist

OnStrategy I Virtual Strategist

Күн бұрын

Пікірлер: 214
@sbumzulwini1324
@sbumzulwini1324 Жыл бұрын
Six years later, Seeing this clip for the 1st time today... It's short, straight to the point, and clear-cut. Thank you so much!
@_kc026
@_kc026 Жыл бұрын
Just recently got into account management, any tips?
@Kerry_kit_slayer
@Kerry_kit_slayer 2 жыл бұрын
Did she do all that in ONE take, without cuts? That was incredible. Very informative too.
@setapart3452
@setapart3452 3 жыл бұрын
I have an job interview tomorrow. After watching this, I feel versed and I cant wait for them to ask me about KPIs. Will let you know how it went. Thanks Erica
@virtualstrategist
@virtualstrategist 3 жыл бұрын
Best of luck!
@kidbrave_7673
@kidbrave_7673 2 жыл бұрын
Haha that's so funny I just had an interview hopefully moved towards the 2nd one which they want to know if I know how what kpi's are and like Set Apart said after seeing this content. I feel really comfortable talking about it and even being able to talk more about new approaches to bring to companies regarding sales and revenue from this approach, thank you Erica you're the best!! 😁🙌🏽
@setapart3452
@setapart3452 2 жыл бұрын
@@kidbrave_7673 You better have got that job. I got mine. Credit to Erica
@kidbrave_7673
@kidbrave_7673 2 жыл бұрын
@@setapart3452 Haha, I found out it's got 3 rounds I did the first las week, so lord willing I get a call this coming up week for the next step. 🙏😁
@setapart3452
@setapart3452 2 жыл бұрын
@@kidbrave_7673 Wish you all the best.
@ejking5625
@ejking5625 5 жыл бұрын
Good work. As a retired CEO of a Fortune 50 company, I am happy to see someone educate others in a straight forward way.
@shithead4767
@shithead4767 5 жыл бұрын
As the Queen of England I'm also very happy to see someone educate others in a straight forward way.
@huntersnyder7526
@huntersnyder7526 3 жыл бұрын
As a retired railroad tycoon of the 1800s, I am happy to see someone educate others in a straight forward way.
@CrashCarson14
@CrashCarson14 2 жыл бұрын
My Name is Harrison Ford and I approve this message
@jimc7360
@jimc7360 8 жыл бұрын
Hi Erica, Both this and your older video concerning KPIs helped me for the first time to understand them. I needed to complete an important assignment in my job and these videos helped a lot. I completed the assignment correctly and with time to spare. I can’t thank you enough.
@curtisjuelz2327
@curtisjuelz2327 3 жыл бұрын
i dont mean to be so off topic but does any of you know a trick to get back into an instagram account?? I was stupid lost the password. I would appreciate any assistance you can give me.
@achrafouadi2563
@achrafouadi2563 2 жыл бұрын
hello can you please put the link of the older video of KPI you mentioned , thanks
@epsilon3821
@epsilon3821 2 жыл бұрын
@@curtisjuelz2327 did u ever find it bruh
@cfmirasol
@cfmirasol 20 күн бұрын
This is my third OnStrategy video. Thank you for explaining these concepts in a clear and straightforward way!
@umerk8177
@umerk8177 5 жыл бұрын
Going to a job interview tomorrow and this helped a lot Erica. Thanks a lot and may the Creator bless you more.
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Your welcome
@syedamaan2109
@syedamaan2109 2 жыл бұрын
Have you got your job?
@Redefining-Doug
@Redefining-Doug 2 жыл бұрын
Thank you for posting this video. I started taking online classes for data analytics about a month ago, and because of that, my boss thinks I should automatically be an expert, so I was asked to do KPI reports. this video gives me a little more confidence to try and figure it out.
@leandromelo9141
@leandromelo9141 7 жыл бұрын
Hi Erica! I'm graduated in Bussiness Administration and i've started to study English recently. I'am sure that your lessons will be help me. Congratulations! You are doing a great job.
@inyeekaribi4913
@inyeekaribi4913 5 жыл бұрын
So are you. Your English is very good ☺️
@khalidqureshi945
@khalidqureshi945 6 жыл бұрын
I was trying to submit KPIs and Goals for our last quarter of the year and this video really helps me in completing. Thanks for sharing.
@alexgoslar4057
@alexgoslar4057 5 жыл бұрын
Thank you Erica Olsen for a plausible and well-explained way to achieve a KPI. Imp[ortantly, KPI should happen before any commercial activity has taken place.
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Your welcome
@ben13993
@ben13993 2 жыл бұрын
Thank you for the straightforward explanation, Erica. It has helped me a lot!
@virtualstrategist
@virtualstrategist 2 жыл бұрын
You are so welcome!
@Sandy_covers
@Sandy_covers 4 жыл бұрын
Tomorrow is my presentation on KPIs I was searching for some source for the help and I ended up with yours because what all I need I got here . Wonderful content . Easily understood. Thanks for sharing
@virtualstrategist
@virtualstrategist 3 жыл бұрын
Glad I could help!
@firstnamelastname3558
@firstnamelastname3558 5 жыл бұрын
How serendipitous! Just yesterday, I was reading some hand written notes from my technical end user to me about system downtime and he mentioned KPI’s without spelling it out. I open up KZbin and a video on KPI’s shows up.
@virtualstrategist
@virtualstrategist 4 жыл бұрын
How great!
@firstnamelastname3558
@firstnamelastname3558 4 жыл бұрын
@@virtualstrategist 😍
@chereemckinnis3739
@chereemckinnis3739 Жыл бұрын
Great Job breaking down the 3 different examples of KPI's. Great job.
@psp2004karan
@psp2004karan 4 жыл бұрын
KZbin is the new college and it's freee
@virtualstrategist
@virtualstrategist 4 жыл бұрын
So glad it's working for you!
@annaumong6534
@annaumong6534 5 жыл бұрын
Previously I did not understand what my Key Performance indicators but your explanation through this video is very helpful..
@virtualstrategist
@virtualstrategist 4 жыл бұрын
That's great!
@yohenson
@yohenson 2 ай бұрын
this is to the point, clear and fun, and most of all i actually understood it! THANK YOU
@abdulhasibmasri4925
@abdulhasibmasri4925 2 жыл бұрын
There is a lot of effort behind this video! Thanks a lot.
@virtualstrategist
@virtualstrategist 2 жыл бұрын
You're very welcome!
@alanajoybailey1320
@alanajoybailey1320 5 жыл бұрын
Thank you Erica, I liked the way you explained how KPI's work it was really easy to follow! Great video
@itzvam3011
@itzvam3011 5 жыл бұрын
She is looking like Dakota Johnson...
@Somwhere-Somthing
@Somwhere-Somthing 4 жыл бұрын
Thanks For your Content and Support to the learning Community here! I appreciate your Support! Thanks Again!!
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Thank you too
@LukasNachtigall
@LukasNachtigall 5 жыл бұрын
Awesome. Thank you for explaining KPI and awesome examples side-by-side. I will implement KPI's to my companies now.
@wayne2816wayne
@wayne2816wayne 5 жыл бұрын
You videos are fantastic and loaded with easily digestible information.
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Thank you
@MarkSpringford
@MarkSpringford 4 жыл бұрын
Great video - I would add that a baseline for the KPI is important to think about. Then you'll know how far along you are to target.
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Agreed!
@code.africa
@code.africa 5 жыл бұрын
Thanks A lot. Am happy with your video. Am a Computer programmer. Thanks
@greenmidge
@greenmidge 4 жыл бұрын
Thank you! This was a great clear and concise video that really helped me get a start on a project for work
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Glad it was helpful!
@debashishbramha
@debashishbramha 4 жыл бұрын
Great!!! Thanks from India.
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Most welcome!
@lucasoal9449
@lucasoal9449 6 жыл бұрын
Just Love it, it was simple and clear. Keep that work, it is helping me and a bunch of subscribers also! Thank you!
@michaelsigcha8475
@michaelsigcha8475 2 жыл бұрын
great and clear information. THANK YOU
@virtualstrategist
@virtualstrategist 2 жыл бұрын
Glad it was helpful!
@designtarifi
@designtarifi 2 жыл бұрын
straight toward a point, thank you.
@nthabisengmahlogonoloserob6687
@nthabisengmahlogonoloserob6687 2 жыл бұрын
Thank you , you're a good educator
@virtualstrategist
@virtualstrategist 2 жыл бұрын
I appreciate that!
@John_McAllister_inivu
@John_McAllister_inivu 5 жыл бұрын
Thank you so much Erica! This was very insightful and succinctly explained :)
@lebomontso7755
@lebomontso7755 7 жыл бұрын
thank you for your video it's clear and precise.helped me quite a lot in my business.
@MrNitKap
@MrNitKap 4 жыл бұрын
Good. Simple and Clear
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Thank you 🙂
@prabodhgedam2925
@prabodhgedam2925 2 жыл бұрын
Thank You... this was really helpful
@andresgutierrez7504
@andresgutierrez7504 Жыл бұрын
Simple, and useful. Thanks a lot!!
@midamostodo
@midamostodo 7 жыл бұрын
Very practical lesson, even though I would like to know what is the starting point in the planning process and what do with an indicators system.
@virtualstrategist
@virtualstrategist 7 жыл бұрын
We like to start the planning process by assessing the internal and external market. A SWOT analysis is a good place to start. Here's our video on the topic - kzbin.info/www/bejne/f5CZcomIfLGLfaM
@fofosport85
@fofosport85 3 жыл бұрын
Simple video yet Great point
@virtualstrategist
@virtualstrategist 3 жыл бұрын
Thank You!
@MrProactiveman
@MrProactiveman 3 жыл бұрын
Excellent , we need more videos.
@virtualstrategist
@virtualstrategist 3 жыл бұрын
More to come!
@genetkahsay7321
@genetkahsay7321 Жыл бұрын
I would like to show me how to caculat individual kpi performance athospital level
@dianehaen2407
@dianehaen2407 Жыл бұрын
Awesome video- thanks for sharing.
@Lyesso
@Lyesso 5 жыл бұрын
Best video on KPI
@srij7947
@srij7947 Жыл бұрын
Hi. There are staff in the organization whose jobs cannot be measured as easily as it can be in sales and marketing. So how do u make them measurable and wet targets ?
@muhammadbux1928
@muhammadbux1928 4 жыл бұрын
Very informative video
@Sanjay_Basnotra108
@Sanjay_Basnotra108 4 жыл бұрын
Very good explanation.👏
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Glad you liked it
@alaahesham250
@alaahesham250 4 жыл бұрын
Thanks so much , clear content and you are so sweet and nice .
@virtualstrategist
@virtualstrategist 4 жыл бұрын
You are so welcome!
@beingme1607
@beingme1607 4 жыл бұрын
Dear you’re amazing thank you so much for this short informative video.. you made it easy for me. I’ll subscribe now 🤩
@virtualstrategist
@virtualstrategist 3 жыл бұрын
Great!
@devgineer4146
@devgineer4146 3 жыл бұрын
Like the explanation🇺🇬!!
@virtualstrategist
@virtualstrategist 3 жыл бұрын
Glad you liked it
@flavioalmeida4608
@flavioalmeida4608 5 жыл бұрын
Great video.
@surfviewgardens2396
@surfviewgardens2396 3 жыл бұрын
Excellent! Thank you very much.
@virtualstrategist
@virtualstrategist 3 жыл бұрын
Glad it was helpful!
@rockinray6197
@rockinray6197 5 жыл бұрын
KPI cheesecake.. Looking forward to seeing the rest
@Chinyccd
@Chinyccd 2 жыл бұрын
Hey just subscribed! Was wondering if you had more examples of leading indicators?
@oscarmorales204
@oscarmorales204 4 жыл бұрын
Fantastic video
@virtualstrategist
@virtualstrategist 3 жыл бұрын
Thanks again
@rajshekharhujarati9481
@rajshekharhujarati9481 5 жыл бұрын
Very good explanation, thanks
@virtualstrategist
@virtualstrategist 5 жыл бұрын
Thanks!
@niharikalifeatbangalore2772
@niharikalifeatbangalore2772 3 жыл бұрын
Thanks Erica it's very easy and good.
@virtualstrategist
@virtualstrategist 3 жыл бұрын
You're welcome 😊
@elijahjohnyarra
@elijahjohnyarra 2 жыл бұрын
What if you're starting from scratch without past data to benchmark your KPIs?
@cdmarkandu
@cdmarkandu 8 жыл бұрын
Great video! Thanks!
@nisreen
@nisreen 5 жыл бұрын
Absolutely amazing
@the-morning-show
@the-morning-show 4 жыл бұрын
Nice video with a good examples 👍
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Thanks! 😃
@ibnashadanik4345
@ibnashadanik4345 2 жыл бұрын
Informative!
@virtualstrategist
@virtualstrategist 2 жыл бұрын
Great!
@eshaqhussain8228
@eshaqhussain8228 5 жыл бұрын
Great ....VD... keep it up
@celiafraginal711
@celiafraginal711 4 жыл бұрын
why is it i was not able to down load the video?
@theomarais8920
@theomarais8920 5 жыл бұрын
Are these KPI's or Balanced Scorecard? I think they are closer to goals than KPI's. KPI's are measures that measure how we are doing to reach goals. Similar to CSF's. I use 5 KPI's (e.g.) to determine if I am meeting the, say, 30 points of my job description. Hence they should be well thought trough etc. A manager will assess me on these 5 rather than on the 30, to determine my bonus, or for promotion. Does not seem to what you are describing although there are overlapping areas?
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Check out our whitepaper on KPIs for a deeper explanation: onstrategyhq.com/kpi-guide-download/
@rajshekharhujarati9481
@rajshekharhujarati9481 5 жыл бұрын
Erica, Thanks you made it simple.
@virtualstrategist
@virtualstrategist 5 жыл бұрын
Thanks!
@twistsugar
@twistsugar 7 жыл бұрын
I think you forgot a very important category: ratios e.g. costs per new customers or signups per session (etc. etc.), I think these KPIs are actually much more actionable than raws.
@anngarcia7942
@anngarcia7942 11 ай бұрын
Hi, KPI will be a breeze if we can set targets. What if the tasks do not have targets and is unmessurable
@jennyvinyl85
@jennyvinyl85 4 жыл бұрын
What's the difference between KPIs and OKRs?
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Check out our latest whitepaper on OKRs vs KPIs for more info: onstrategyhq.com/okr-vs-kpi-guide-download/
@Docbyte_
@Docbyte_ 8 жыл бұрын
Great video. Thanks for sharing.
@chakryachroeung3094
@chakryachroeung3094 3 жыл бұрын
Good explanation
@virtualstrategist
@virtualstrategist 3 жыл бұрын
Thanks and welcome
@sutjiharsosuwargo
@sutjiharsosuwargo 7 жыл бұрын
Thanks for your great video, its very inspiring me
@the-morning-show
@the-morning-show 4 жыл бұрын
Nice explanation 👍
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Glad you liked it!
@udaynataraaj2390
@udaynataraaj2390 Жыл бұрын
Superb
@angeldk8499
@angeldk8499 Жыл бұрын
Hi, great video. I'm an Spanish speaking, I'm trying to learn and understand this topic, could someone tell me what CRM means? Please. :(
@mona6647
@mona6647 6 жыл бұрын
Thank you for this video really helped 👌🏾🙏🏽
@marijapopovic9024
@marijapopovic9024 3 жыл бұрын
Very helpful, thank you very much! I have a question, although I don't know if you can help me. For my bachelor thesis, I have to evaluate a company and calculate important KPIs. I thought I would divide up the following points like this: Earnings indicators (EBIT, ordinary operating result, EBT), then under profitability indicators (ROI,...) liquidity indicators and cash flow. However, my professor recommended that I simply subdivide this under Cash Analysis, Profit Analysis and Strategic Analysis. Unfortunately, I can't find anything on the Internet that I can calculate under Cash Analysis, for example, and I don't want to do anything wrong. I would be very grateful for your help!
@virtualstrategist
@virtualstrategist 3 жыл бұрын
Glad the video was helpful!
@dailymind
@dailymind 7 жыл бұрын
Thank you very much for the data. very helpful.
@virtualstrategist
@virtualstrategist 7 жыл бұрын
No problem! We have more resources available at OnStrategyHQ.com!
@AweshBhornya-ExcelforNewbies
@AweshBhornya-ExcelforNewbies 5 жыл бұрын
Thanks a ton for this wonderful video it’s just awesome but only one thing I would like to point out is the background music it’s quite distracting. Thanks Erica. Can you do some videos with Tableau and Power BI
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Thanks for your feedback. We will take that into consideration during our next batch of videos.
@maqsadullahqarizada999
@maqsadullahqarizada999 4 жыл бұрын
Thanks for the good video, here is a question, there are several indicators in a project outcomes can we call them all as KPI
@virtualstrategist
@virtualstrategist 4 жыл бұрын
Yes you can!
@manchesterunited454
@manchesterunited454 7 жыл бұрын
thank you for your efforts
@virtualstrategist
@virtualstrategist 7 жыл бұрын
Glad it was helpful!
@thn5587
@thn5587 6 жыл бұрын
Hi Erica, I'm writing my masters thesis on CEM and I'm thinking to use kPIs of the case company to build up a strategic map as recommendations. This is a small company in Cameroon with very little or no data. Data collection is based on interview with employees, customers and or competitors. Could u advise me with the way forward?
@MohamedHassan-vl2jj
@MohamedHassan-vl2jj 5 жыл бұрын
Thanks for explanation
@edwinutama3485
@edwinutama3485 Жыл бұрын
Hi Erica, I hope you still continue ...
@Shona_thecatalyst
@Shona_thecatalyst 4 жыл бұрын
Thanks so much for this
@virtualstrategist
@virtualstrategist 3 жыл бұрын
You are so welcome!
@midrockltd4216
@midrockltd4216 3 жыл бұрын
Hi Erica...I am doing a part-time PhD and in my proposal, need to measure cultural impact on construction project performance. Can you help me how to go about it. Thank you - Abadi
@virtualstrategist
@virtualstrategist 3 жыл бұрын
Check out our services here: onstrategyhq.com/services/
@salonesinquebrantables
@salonesinquebrantables Жыл бұрын
Love it!
@legesseadugna4410
@legesseadugna4410 2 жыл бұрын
thank you for your vidio
@beingme1607
@beingme1607 4 жыл бұрын
Can you make more vids that is relevant to KPIs?
@virtualstrategist
@virtualstrategist 3 жыл бұрын
We will put that on the list!
@rosemarieclavo3836
@rosemarieclavo3836 2 жыл бұрын
WHAT IS P&L means?
@virtualstrategist
@virtualstrategist 2 жыл бұрын
Profit and Loss statement!
@officialmintt
@officialmintt 6 жыл бұрын
You look completely like Anastasia from Fifty Shades of Grey!
@josericardoquispeaguirre2550
@josericardoquispeaguirre2550 6 жыл бұрын
Hi Erica, thank you for your video. It is really instructive. I wanted to ask if you use any academic literature to develop this framework/methodology to create KPIs. Thanks
@ryanblau
@ryanblau 8 жыл бұрын
great update from the old video
@BakitKevin
@BakitKevin 6 жыл бұрын
Thank you for the video
@sofianeseglab4261
@sofianeseglab4261 6 жыл бұрын
YOU ARE BEST ONE * Excelent One *
@veers904
@veers904 8 жыл бұрын
great vid..brilliant explanation..thank you
@jannaalto4009
@jannaalto4009 5 жыл бұрын
can make a sample showing both KRA and KPI
@joancheng8639
@joancheng8639 7 жыл бұрын
i like your previous video better== anyway we can get it back on?
@يحيىالاشرم-غ8ظ
@يحيىالاشرم-غ8ظ 4 жыл бұрын
Could you appear your conversation even little videos
@nainai2873
@nainai2873 5 жыл бұрын
where is the KPI index
@JohnPesebre
@JohnPesebre 7 жыл бұрын
What does CRM mean?
@monastirifawzi
@monastirifawzi 7 жыл бұрын
It's a software that can help you to manage Customer Relationship by Data analysis (Customer Relationship Management=CRM)
@hussainmohammad2244
@hussainmohammad2244 5 жыл бұрын
Thank u very much madam
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