What are the best practices for adjusting KPI targets?
Best practices include analyzing past performance, aligning with business goals, and involving stakeholders.
How often should I review and adjust these targets?
It's recommended to review KPI targets quarterly or bi-annually, depending on your business dynamics.
What factors should I consider when making adjustments?
Consider market trends, team capacity, and any changes in business strategy or objectives.
Can you give me an example of a KPI adjustment?
Sure! If sales targets were set at $100,000 but the market shrank, adjusting to $80,000 may be necessary.
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