What are the typical timelines for adjusting KPIs?
The timelines for adjusting KPIs can vary, but typically, they are reviewed quarterly or bi-annually.
What factors influence the timeline for these adjustments?
Factors include business goals, market changes, and performance data analysis.
How do I know when it's time to adjust my KPIs?
You should consider adjusting KPIs if you're consistently missing targets or if there are significant changes in your business environment.
Can you provide examples of when KPIs were successfully adjusted?
Sure! For instance, a company might adjust sales KPIs after a major product launch to reflect new market conditions.
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