What is on your scoreboard?

June 12, 2013

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

picture128

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.