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Stop Using The Wrong Inventory Metrics

Chief Executive

Yesterday’s core inventory metrics — inventory turnover (cost of goods ÷ average inventory) and inventory GMROI (gross margin ÷ inventory cost) — fail to provide the essential information that managers need to avoid the twin problems of missing critical potential profits while having to write off large tranches of costly inventory.

Metrics 98
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OKRs vs. KPIs: The Key Differences & Use (With Examples) 

AIHR

OKRs set ambitious goals, while Key Performance Indicators (KPIs) provide measurable metrics to track progress, creating a powerful framework for aligning strategy with execution. This article will explain the key differences, when to use each, and metrics to track when measuring each methodology. Sales increased by 8.5%

KPI 99
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Customer Success vs. Account Management: Why Both Matter

Help Scout Leadership

When considering customer success and account management, it’s valuable to consider them as complementary teams rather than interchangeable groups or, worse, competitors. There are a few things that differentiate customer success from account management. What is customer success? Communication: CSMs should be excellent communicators.

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How To Measure Leadership Effectiveness By Unlocking The Right Metrics

Vantage Circle

From a broader perspective, leadership effectiveness depends on how successfully a leader can offer- Support and influence Direct their teams to move in the same direction Establish clear communication Make information and resources available. How To Measure Leadership Effectiveness? Want to evaluate how effective your leaders are?

Metrics 72
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Podcast: What Metrics to Track to Stay Current With Workforce Trends

Zenefits

Andrea Derler, Visier’s Principal of Research and Customer Value, says a few simple metrics can make sense of 3 of the biggest trends playing out in the workforce today: talent attraction and retention; diversity, equity, and inclusion; and leader’s data mindset. Are leaders using actual metrics or relying on gut feelings? Remember Me.

Metrics 52
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HR Finance 101: A Guide To Finance for HR

AIHR

How HR can utilize financial information The foundations of finance for HR. They need to understand finance and accounting to make a difference as strategic partners in the planning and management of a large organization. How HR can utilize financial information. Contents Why does HR need to know finance?

Cash Flow 116
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Achieving Transparency in the Workplace: Strategies for Success (With Examples)

AIHR

Workplace transparency is when an organization and its employees openly and freely sharing information about processes, decisions, objectives, expectations, and more. Accountability : In a transparent workplace, people know who is accountable for what.