What are some common mistakes in KPI tracking?
Some common mistakes include not aligning KPIs with business goals, failing to update them regularly, and overcomplicating metrics.
How can I ensure my KPIs are aligned with my business goals?
You can ensure alignment by regularly reviewing your business objectives and adjusting your KPIs to reflect those goals.
What should I do if my KPIs are not providing useful insights?
If your KPIs aren't useful, consider revisiting their definitions, ensuring they are measurable, and aligning them with actionable outcomes.
Can you give examples of effective KPIs?
Sure! Effective KPIs include customer acquisition cost, customer lifetime value, and net promoter score.
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