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Build Excellent Daily FnB Operations With These 3 Metrics

March 12, 2021
2 mins reading

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The success of your company relies on its day-to-day operations.

Consider measuring these metrics in your business operations to assess where your business is strong and the factors you can change for the better. Leverage the data to enhance your company's operational excellence.

Consider measuring financial, marketing, and employee metrics in your business operations to assess where your business is strong and the factors you can change for the better.

Financial Metrics

By evaluating financial metrics, you can track, measure, and analyze your company's financial health. Financial metrics are beneficial for both internal and external stakeholders' to calculate your company growth.

There are endless lists of financial metrics you can measure, but you can focus on assessing your costs, revenue, profit, and debt-asset ratio.

Marketing Metrics

How do you identify high-performing campaigns? How much return are they giving to your company? How do you improve them?

The answer is marketing metrics.

Marketing metrics provide you with specific numbers to enhance the efficiency of your marketing campaigns. This metric includes customer acquisition cost, time to payback, and marketing originated customer percentage.

Employee Metrics

Employees are human; they provide both tangible and intangible benefits for the company.

The best way to measure employees' performance is to have your employee prepare their goals in ways that can be measured and assess if these goals are met. Don't forget to gather insights from managers and other team members that work closely with the employee.

Primary employee metric includes employee efficiency, quality of work, and adherence to company values.

Summary

Having the right metrics in place makes your decision making provide a powerful competitive advantage.  Gather and evaluate operations data consistently & identify issues and opportunities in different areas with Nimbly for leaner and more strategic operations. 

CTA: Reduce your inspections' direct costs up to 59%. Use Nimbly. www.hellonimbly.com

About Nimbly

Nimbly transforms manual operational audit processes into app-based checklists for front-line workers to generate reports instantly, centralize insights in real-time, and ensure thorough issue resolution.

Nimbly features that will help operations manager: digital questionnaire, issue tracker, and real-time dashboard. www.hellonimbly.com

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