Business Performance – How to Measure, Follow and Improve

Traditionally we always measure something, follow the results, compare those results with specific targets and make decisions about future steps. In such a way, we are measuring business performance.

This is the only way to increase our knowledge about questions like:

  • Is our job good or bad?
  • Is it a success or not?
  • Do we need to make corrections to our actions or not?

As an entrepreneur, measuring becomes one of the most critical tasks. You need to know the performance of your business. You need to know areas where you can implement improvement. Also, you need to know why you made progress and why you did not make progress.

Let’s look at one possible process you can use for more strategic and systematic measuring implementation.

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