Each business has a few key results that show the score. A very powerful motivator and driver of delivering to target is a simple scoreboard. Select 3 or 4 things that will tell the tale of success in your instance and turn them into a scoreboard. Here are some examples
Sales Organisation | No of Pitches or presentations given | The number won | Dollar value of new sales |
Retail Business | Daily Customer Count | No of Sales | No of Upsells |
Professional / Consulting | No of chargeable hours | New clients won | Total monthly Billings |
Manufacturing | Units Made | Sales Orders | Inventory Value orlabour hours |
When you have selected these key drivers you can track them easily and even graph them
This visual history shows up patterns – such as low sales results this month = tough cashflow next month. It also creates an interesting history of your business growth.