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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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How to Master Delegation: Ensuring Tasks Are Perfectly Done

Chris LoCutro

It’s a skill essential for scaling your business while ensuring standards are met. ” Effective delegation involves setting up systems that allow leaders to track progress without constant oversight, thus respecting team autonomy while ensuring accountability. Accountability is key in delegation. “Trust but Verify.”

Metrics 52
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10 Crucial Employee Engagement Metrics For Successful Surveys

Vantage Circle

As such organizations around the world are now trying to bridge the gap between them and their employees by taking into account the various employee engagement metrics. These are the metrics that help you understand how your employees feel and the things they seek from you in order to stay motivated at work. Let’s start!

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Introducing 15Five’s Evolution as a Strategic Command Center for Performance Management

15Five

Executive dashboards: HR teams can customize and share executive level dashboards with the rest of their leadership team, creating real-time views of performance, engagement, and retention metrics alongside the biggest opportunities for action. From there, HR teams can track progress, hold people accountable, and measure impact.

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Performance Appraisal Systems: Everything You Need to Know

15Five

The objective is what the business or employee wants to achieve, and the key results are measurable metrics that show how well the business or individual is accomplishing the objectives. Involving employees in setting OKRs helps buy-in, accountability, and ownership of the objectives.

Scaling 52
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5 Steps to Choosing the Right Employee Engagement Software for Your Business

15Five

However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover. Sizability and scale Assess how well the tool will scale in your organization. For example, does the tool have dedicated account managers who support your business?

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Scaling Ideas for Impact | Jennifer Dulski

Peter Winick

Using technology to take ideas to scale. An interview with Jennifer Dulski about taking ideas to scale through publishing, social media, and technology. Thought leaders are often torn between scale and depth. Scale allows you to reach a large audience, while depth allows you to have massive impact.

Scaling 290