Monitor key performance indicators to track progress from "summary" of Scaling Up by Verne Harnish
To ensure your business is on the right track towards achieving its goals, it is crucial to regularly monitor key performance indicators (KPIs) that are essential for tracking progress. These KPIs serve as a compass that guides you in the right direction and helps you make informed decisions based on real-time data. By tracking these KPIs, you can easily identify what is working well and what needs improvement within your organization. This allows you to take proactive measures to address any issues that may be hindering your progress towards your desired outcomes. It also helps you stay ahead of potential challenges by identifying them early on and finding solutions to overcome them. Monitoring KPIs provides you with valuable ins...
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