The development of core business metrics and key performance indicators is essential for organizations who: (1) plan to market themselves in the future, (2) are planning for absentee ownership, (3) aspire to break free from early stage stagnation, and/or (4) are planning for formal board oversight.
Key Performance Indicators (KPIs) and core business metrics are essential for leadership teams to clearly demonstrate business performance through repeatable and concise data reporting.
Potential buyers are looking for trends and consistency that should be readily available for early stage discussions. Absentee owners require regular pulse checks on their business to quickly identify areas requiring attention or praise. Leaders require key insights to continually improve and successfully manage their corresponding function unit(s).
Cogn8 will work shoulder to shoulder with key stakeholders to understand the indicators and metrics important to this strategy. This process will shed light on data gaps, process refinements, reporting barriers, and systems requirements to achieve success while unlocking value in your organization.