Here are the top financial ratios every manager should track and report: Net Profit Margin Return on Assets (ROA) Return on Equity (ROE) Inventory Turnover Days Inventory Outstanding Average Collection Period Operating Cycle Fixed Asset Turnover Total Asset Turnover Working Capital Turnover Debt Ratio Debt to Equity Ratio Times Interest Earned
15 Simple Ways to Engage your Employees Better Employee engagement is not really another one-time project or even something you need to do annually or periodically. It’s an essential strategic effort which drives employee effectiveness, achievement, as well as ongoing development on a continuous basis. It is the end result from the way your company … Read more
NEW: Quickly Convert your HR metrics into HR Dashboard with 1-Minute Excel Dashboard (No Excel Skills Required) – Find out how HR Managers take advantage of this fill-in-the blank approach…. Learn More Creating your HR KPI Scorecard HR Reporting and Analysis Templates, Tips, Guides, Resources and Tools for HR Managers and HR Professionals. HR Metrics, … Read more
The need for KPI management in construction industry: Managing a successful construction business today is a big challenge. The business environment is getting more competitive and demanding for owners and managers of construction companies. Maintaining an acceptable level of performance and profitability is both an art and science even for the experienced manager. As a … Read more
What is Benchmarking? Benchmarking, in simple terms, is the process of comparing yourself to others. It serves as a valuable tool for organizations to assess their performance and identify areas for improvement. Benchmarking in Business In the context of business, benchmarking involves evaluating your processes, practices, and performance metrics against those of your closest competitors. … Read more
“The ideal starting point for selecting and determining the key performance indicators (KPIs) that will assess the success of an organization should be rooted in the metrics that management consistently relies upon to govern company performance. These metrics form the foundation for understanding not just financial outcomes but the overall health and trajectory of the … Read more