Think Dashboard, Not Pin-Board

In this video I explain the difference between plain ol’ Key Performance Indicators (KPI’s) – numbers that measure various things in your business – and building a Dashboard – just the figures that give you the immediate information you need to know that your business is working properly in every way.
Hi Lee Duncan here and in this short video I’m going to tell you how to construct a dashboard for your business that gives you what you need and not what you don’t need!

So most businesses track a few numbers to help them understand how business is going.

The problem is, often when they start to think about building a proper set of KPIs (Key Performance Indicators) for their business they end up building far too many things in so it ends up a little like a pinboard you know what a pin board is?

Those cork-boards you have at home where you stick up a picture of the dog, a picture of the kids, picture of the shopping list that you’re going to use for the next trip to the supermarket and you end up having lots and lots of different things all over there…

Well in business if your KPIs end up like a pinboard you’ve got far too many things that you’re trying to track.

Instead you need to identify the key numbers – and there should only be very, very few key numbers in each of the three big areas of your business -> your Cash, your Customers and your Capacity.

If you do that you end up with a really neat dashboard that allows you to manage your business and stay in control of it without getting dragged into a hundred and fifty different little elements of minutiae just to see how it’s doing.

Now finally remember to sign up for my Shift Up to Six Figure Growth webinar for b2b businesses by clicking here…

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