article thumbnail

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
article thumbnail

Compensation Metrics for Evaluating Your Plan’s Success

Zenefits

Tracking and evaluating employee compensation metrics matters for maintaining a healthy, viable company. Benefits accounted for 31%.¹ Let’s look at what compensation metrics are and which ones might best apply to your company’s compensation strategy. Understanding total compensation is essential.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

LSA Global Delivers Executive Team Accountability Session for Healthcare Provider

LSA Global

Executive team goals , roles, team norms , success metrics, and interdependencies were unclear and misaligned. Approach To create healthcare executive team accountability, LSA Global: 1. The post LSA Global Delivers Executive Team Accountability Session for Healthcare Provider appeared first on LSA Global.

article thumbnail

Staffing KPI Examples: The Top 27 Staffing Metrics (Template Updated for 2022)

Rhythm Systems Growth

At Rhythm Systems, we work with clients to ensure they are measuring the metrics that matter to allow them to achieve their dreams and goals. Our strategy execution software allows you to create KPI dashboards to ensure team accountability, alignment, and execution-ready quarterly plans.

article thumbnail

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
article thumbnail

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 account management? What is customer success?

article thumbnail

How To Measure Leadership Effectiveness By Unlocking The Right Metrics

Vantage Circle

Embrace the following methods of leadership measurement and analyze the following key metrics with the help of the right tools- 1. In that case, here are some sample questions you can ask - What are the key success metrics that your work contributes to? How To Measure Leadership Effectiveness? " Think about it.

Metrics 72