Business Development Kpi Examples

A list of the essential kpi examples in a business.

Business development kpi examples. A kpi or key performance indicator is a measurement that evaluates the performance of a business activity. Contacts can be tracked numerous ways. For example a bdm must monitor the number of leads their origin listing presentations completed and new managements secured.

Tracking contacts allows a firm to see whether or not a business developer or seller doer is doing the right things. Everything depends a lot on what exactly you want to measure and monitor and what the responsibilities of this executive are. Key performance indicators kpis are significant to the success of bdms and must be aligned with the specific goals and objectives for the agency.

Kpi targets must be stated in clear terms and measurable. In this article we discuss what kpis are why measuring them is critical to your organization s success and offer some examples of kpis for the workplace. It measures the success of a company at reaching its operational and strategic goals on different performance aspects.

Key performance indicators kpis are a set of performance measurements that demonstrate how effectively an organization is achieving key objectives. Home key performance indicators kpis full guide to kpis. Examples and templates master your kpi finding skills.

For example if the priority is management skills then you can have a look at this excellent article by oleg tumarkin he is giving there some excellent examples of kpis for entrepreneurial and management skills. Digital marketing customer satisfaction sales and website kpis. Another business development kpi to consider is an activity based metric like contacts made.

For example if two locations see relatively similar sales volume in january try implementing a promotional sale in one location and not the other in february to see if it drives sales. Kpis can be high level monitoring the global performance of a business or more low level focusing on processes or individual s performance. Learn what kpis are use template to come up with the best ones get inspired by examples from a long list of indicators.