Measure performance regularly to refine strategies and achieve objectives from "summary" of The Business Book Bible by Derek B Lewis
Regular assessment of performance is essential for any organization aiming to enhance its effectiveness and meet its strategic goals. This process involves collecting data on key performance indicators (KPIs) that align with the overall objectives of the business. By analyzing these metrics, organizations can identify areas of strength and weakness, allowing them to make informed decisions. Conducting evaluations should not be a one-time event but rather a continuous cycle. This ongoing scrutiny creates opportunities for timely adjustments in strategy, enabling organizations to respond to changes in the market or internal dynamics. By regularly reviewing performance, leaders can pinpoint trends, understand cu...
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