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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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7 HR Business Partner Metrics Examples

AIHR

Organizations with efficient HR business partners have enhanced employee performance, revenue, and profits by 22%, 7%, and 9%, respectively. Thus, it is essential to track HR business partner metrics to ensure that your company’s HRBPs are effective. Let’s dive into the HR Business Partner metrics!

Metrics 130
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How to Measure HR Effectiveness with 12 Key Metrics

15Five

According to Gartner, 58% of organizations say a lack of relevant metrics to track HR progress is one of the top barriers to effective strategic planning. Most other business functions have a standard set of metrics that show the effectiveness of their team and how they’re contributing to the company’s bottom line (e.g.,

Metrics 90
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Top Pressures Faced by Sales Managers

LSA Global

Pressures Faced by Sales Managers Are Unique to Their Role A sales leader’s average tenure is less than two years, which is far shorter than the tenure of most other managers. The pressure to deliver against ever-increasing revenue goals is unrelenting. Why is this?

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How to Measure HR Effectiveness: 12 Useful Metrics

AIHR

For example, an efficiently designed and executed recruitment and onboarding strategy can help bring top talent on board, leading to increased productivity and, therefore, revenue. We discuss HR effectiveness metrics in more detail below. To measure the effectiveness of your HR function, you need to establish relevant metrics.

Metrics 83
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How to Improve Sales with Growth Hacking?

Growth Hacker

It entails a rigorous process of high tempo testing to improve a North Star Metric, and key business results. Often, companies have driving revenue as North Star Metric, or acquiring new customers. How do we improve sales results with Growth Hacking? Getting insights from the sales team should be a part of the process.

Sales 52
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What Top Sales Leaders Do Better

LSA Global

The Top Sales Leader Effect ? What Top Sales Leaders Do Better than their Peers Getting the right person to lead Sales matters. The impact of top sales leaders is enormous. So, what is it that top sales leaders do better? Sales leadership is about effectively leading, managing, and coaching, not doing more selling.

Sales 36