Increase Your Profits by 10X: 5 Key Metrics You Must Track
Posted: Wed Jan 22, 2025 9:45 am
After working with over 300 online projects , I can guarantee: monitor these metrics weekly and your company will not only survive, but also increase its profits by 10 times!
In the context of sanctions and crisis, knowing the ROI of your advertising decides whether your business will be successful. Tracking these 5 critical indicators is the key to your prosperity.
What you get for free:
5 Key Metrics to top benefits of using fusion database Increase Profits by 220%
The Secret ROI Formula: Instant Advertising Efficiency Calculator
Anti-crisis Solutions Matrix: Find the Perfect Strategy for Your Business in 15 Minutes
We have prepared all the documents and templates with formulas for you. And yes, it is FREE:
Download documents for free
Already downloaded
153346
Relevance of the management by objectives approach
When setting goals, it is important to determine specific deadlines for achieving them. If the tasks are delayed, this will negatively affect the overall efficiency of the company and may give an advantage to its competitors who solve pressing problems more quickly.
It is no secret that a number of enterprises demonstrated high business activity and constant development in the period before the global economic crisis of 2008. In the subsequent period, they faced a decline in economic indicators, sales volumes and let players who were able to adapt to the new conditions and build their business on modern administrative and technological foundations get ahead.
For any company, management by objectives allows to quickly identify problems in the organization of business processes. This approach assumes not just a system of evaluating the effectiveness and rewarding employees. It provides an opportunity to qualitatively improve administrative operations, to achieve higher indicators without attracting new employees and additional material resources.
Relevance of the management by objectives approach
Today, the management by objectives method is especially relevant, since information technologies allow for a significant degree of automation of results control, collection and processing of data on the effectiveness of individual employees and entire departments in real time. If in previous eras this was done manually, now a deep assessment can be carried out in just a few minutes by pressing a few keys.
It is characteristic that the management by objectives model can be used equally effectively by a micro-enterprise employing several dozen people, as well as by a huge transnational corporation employing thousands of people. This system allows achieving qualitative improvements in a number of indicators. These include:
Total volume and profitability of sales of goods and services to consumers;
Total amount of manufactured products;
Optimization of production and management costs.
In the context of sanctions and crisis, knowing the ROI of your advertising decides whether your business will be successful. Tracking these 5 critical indicators is the key to your prosperity.
What you get for free:
5 Key Metrics to top benefits of using fusion database Increase Profits by 220%
The Secret ROI Formula: Instant Advertising Efficiency Calculator
Anti-crisis Solutions Matrix: Find the Perfect Strategy for Your Business in 15 Minutes
We have prepared all the documents and templates with formulas for you. And yes, it is FREE:
Download documents for free
Already downloaded
153346
Relevance of the management by objectives approach
When setting goals, it is important to determine specific deadlines for achieving them. If the tasks are delayed, this will negatively affect the overall efficiency of the company and may give an advantage to its competitors who solve pressing problems more quickly.
It is no secret that a number of enterprises demonstrated high business activity and constant development in the period before the global economic crisis of 2008. In the subsequent period, they faced a decline in economic indicators, sales volumes and let players who were able to adapt to the new conditions and build their business on modern administrative and technological foundations get ahead.
For any company, management by objectives allows to quickly identify problems in the organization of business processes. This approach assumes not just a system of evaluating the effectiveness and rewarding employees. It provides an opportunity to qualitatively improve administrative operations, to achieve higher indicators without attracting new employees and additional material resources.
Relevance of the management by objectives approach
Today, the management by objectives method is especially relevant, since information technologies allow for a significant degree of automation of results control, collection and processing of data on the effectiveness of individual employees and entire departments in real time. If in previous eras this was done manually, now a deep assessment can be carried out in just a few minutes by pressing a few keys.
It is characteristic that the management by objectives model can be used equally effectively by a micro-enterprise employing several dozen people, as well as by a huge transnational corporation employing thousands of people. This system allows achieving qualitative improvements in a number of indicators. These include:
Total volume and profitability of sales of goods and services to consumers;
Total amount of manufactured products;
Optimization of production and management costs.