FMAccounting.com | Accounting | Finance | Management |Treasury | Taxation |

• Home
• This Blog
• Author
• Accounting Bodies
• Subscribe
• Accounting Terms
• Revision Notes
• Questions
• E-Books
• Featured

KPA/KPI: Illustration of Good KPI

It’s crucial to note that  KPIs is to give your  business, quantifiable measurements of things.
By determining the correct KPIs,  you are able to determine the long-term success of your company since the identification of  the most important KPIs is the first step towards realizing increased profitability and efficiency for your business.
As reiterated in my previous articles, KPI must be:
S -Specific
M-Measurable
A- Ambitious
R- Realistic
T- Time Bound
Below I have tabulated an example of a Good versus Bad KPI

Bad KPI	Comments	Good KPI
Increase Sales	Does not meet SMART rule: volume or $ of sales? from what to what? by when to when? how much to increase?	Increase $X sales from last year to $X1 sales by end of this year. Increase  X% sales in X territory from last year sales of $X to $X1 by end of this year

• KPA/KPI: Practical Challenges In Implementing Targeted Performance Management (TPM)
• KPA/KPI: Identifying Your “Customer”
• EXAMPLES OF SOME OF BEST-IN-CLASS PERFORMANCE METRICS USED FOR OPERATIONAL KPI ( Part 2 of 3)
• AN EXAMPLE OF USING OPERATIONAL KPI TO GAIN COMPETITIVE ADVANTAGES ( PART 3 OF 3)
• Credit Management:What is the KPA and KPI of a Credit Manager?
• Order-To-Cash Cycle: Definition,An Overview, Benefits, KPA and KPI
• Targeted Performance Management (TPM) – An Overview

April 19, 2006   Posted in: Finance Role/KPA/KPI

• « Previous post
• Next post »

• Tags

  ACCA News ACCOUNTING FRAUD IN MALAYSIA Accounting principles Accounting Rate Of Return Accounting Software Accounting Standards Accounts Payable Activity based costing questions Activity based costing questions and answers activity based costing system advantages apportion interest Arms length Asian Tax News asset quality BALANCED SCORECARD Balance sheet Bankruptcy banks BCG matrix benefits of activity based costing system Best-in-class-kpi Bonus issue Brand Brand Building Budgeting Techniques; BUSINESS STRATEGY Capital Investment Appraisal Methods Capital Investment Appraisal Questions Cash Cash Conversion Cycle cash conversion cycle definition Cash flow Cash flows cash flow statement Cash Management Cash operating cycle conflicts of interest corporate strategy Corporate Tax Credit control credit department kpi Credit management Credit sales Credit vetting Daily Working Cycle Days Inventory Outstanding Days Sales Outstanding Debt departmental accounting DIO Dividend Dividend policy DuPont Model Earnings Economic Value Added Definition Economic Valued Added Effective Tax Rate Effective Transfer Pricing System EVA extend credit Finance Lease FINANCE ROLE Financial Perspective Financial statements Foreign Exchange Foreign exchange strategies Foreign exchange transactions Franchise Franchising Franchising advantages Free agreements Free agreements on conflicts of interest Free M&A Confidentiality Agreement Free tenancy agreement FRS FX FX foreign exchange terms FX Internal Hedging Method Hire Purchase Hire purchase accounting hire purchase interest How to IAS IFRS Income statement India transfer pricing India transfer pricing system Internal hedging Internal process perspective examples International Accounting Standards Inventory IPO Joint Venture Joint Venture Agreement KPI Learning & Growth perspectives examples Legal M&As M&As Malaysia Tax Budget 2010 Malaysia transfer pricing Management Services MASB Merger Merger & Acquisitions MIA Net Present Value NPV OHQ Operating Lease Operational Head Quarter Operational kpi Operational kpi examples Order to cash cycle Outsource Outsourcing Overtrading Payables Payback Product life cycle costing Profitability index Ratio Analysis REITs Rental Risk Management Risks ROI on Accounts Receivable sample agreement Shared Service Centre SOP SSC Standard Costing Questions Standard Operating Procedures stock stock management Strategy sukuk Supply Chain Timing differences trade reference Tranfer pricing TRANSFER PRICING Transfer pricing method Transfer Pricing System TREASURY articles What is Will WORKING CAPITAL working capital requirements

• Categories

  • ACCOUNTING FRAUD/SCANDALS
    • Malaysia & Asia Pacific
    • Other Countries
  • Accounting Software
  • ACCOUNTING TOPICS
    • Accounting for Lease
    • Accounting Principles
    • Accounting Questions
    • Accounting Standards
    • Accounting Updates/News
      • MASB News
      • MIA News
    • Hire Purchase
    • Joint Venture(s)
    • Others
  • ASIA PACIFIC REGION
    • India
    • Indonesia
    • Malaysia
      • Govt Aids
      • IDR
    • Singapore
    • Vietnam
  • BEST ACCOUNTING PRACTICES
    • BALANCED SCORECARD
    • Outsourcing
    • Shared Service Centre
  • BUSINESS MANAGEMENT
    • Branding
    • BUSINESS STRATEGY
    • Corporate Governance
    • Human Resources
    • Performance Mgmt
  • CORPORATE FINANCE
    • Corp. Restructuring
    • Dividend Policy
    • EVA
    • Franchising
    • IPO/Privatisation
    • M&As
  • CREDIT MANAGEMENT/CONTROL
  • FINANCE ROLE
    • Finance Role/KPA/KPI
    • Financial Operations
    • Financial Reporting
    • Financial Strategy
    • Sample Agreements
    • SOP
  • Financial Forecasting
  • GLOSSARY
  • Government Linked Companies(GLC)
  • HUMOURS/JOKES
  • INSPIRATIONS
  • INTERNAL CONTROLS/AUDITS
  • INTERPRETATION:ANNUAL REPORTS
    • Articles
    • Financial Statements
    • Ratio Analysis
      • Banks/Finan.Institutions
      • Du Pont Model
      • For Companies
  • MANAGERIAL ACCOUNTING
    • Activity-Based Costing
    • Budgeting
    • Capital Investment Appraisal
    • Pricing Decision
    • Short Term Decision Making
    • Test Question Bank
  • Personal Finance
    • Financial Planning
  • Risk Management
  • Supply Chain
    • Commercial Terms
    • Supply Chain Mgmt
  • TAXATION SECTION
    • Corporate Tax
    • Indirect Tax
    • Personal Tax
    • Taxation News
    • TRANSFER PRICING
  • TREASURY articles
    • Forex Management
    • Islamic Capital markets
    • Sources of Financing
    • Treasury Terms
    • Venture Capital
  • WORKING CAPITAL MANAGEMENT
    • Accounts Payables
    • Cash conversion cycle
    • Cash Management
    • Inventory Mgmt

• Recent Articles

  • How To Select The Correct Accounting Software(Part 2of2)
  • How To Select The Correct Accounting Software Or Package for your business(Part1of2)
  • China could overtake US by 2020: PWC
  • Accounting Fraud/ Irregularities in PN17 Company Ho Hup Construction Company Bhd
  • How Can Computerized Sales Ledger Assists In Credit Management

• Recent Comments

  • Cornelius on Characteristic Of Finance Lease
  • Carolyn Pinilla on Temasek Holding’s Disappointing Financial Results For Last Year
  • wm on Performance of Companies Listed in Bursa Saham Malaysia from 2007 to July 2009

• Archives

  Select Month January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 May 2008 April 2008 March 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 May 2006 April 2006 March 2006

•  

  March 2010

  M	T	W	T	F	S	S
  « Jan
  1	2	3	4	5	6	7
  8	9	10	11	12	13	14
  15	16	17	18	19	20	21
  22	23	24	25	26	27	28
  29	30	31

• Blogroll

  • Anime Field
  • EssayRep
  • House of Dell
  • Lasik World
  • Taxgrotto.com
  • The Acer Blog
  • ToshibaReviews
  • Towards University

• Resource Sites

  • Bookkeeping
  • College Accounting
  • MBA-Accounting & Finance
  • Principles Of Accounting
  • REITS.a-z-finance.net