Kpi Examples For Business Development Manager
Before focusing on kpis you need to understand how what business development manager is doing will help your company.
Kpi examples for business development manager. Tracking contacts allows a firm to see whether or not a business developer or seller doer is doing the right things. A time frame must also be established for all kpis with key. Process kpis measure the efficiency or productivity of a business process.
Let s start the discussion around kpis. I would suggest to start not with specific kpis but with a strategic business objectives. For example a bdm must monitor the number of leads their origin listing presentations completed and new managements secured.
This is the number of new leads that are arriving into your sales department each month week. Ultimately to increase sales what you need is more leads. We have compiled 18 kpis across four different areas.
I believe the buzz word kpis is now everywhere and some of you might doubt their usefulness. Another business development kpi to consider is an activity based metric like contacts made. Kpi time frame.
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. You might know people who hate kpis and know how to game the system. 18 kpi examples for managers there are numerous different key performance indicators that give added insight into how a business is performing.
Input kpis measure assets and resources invested in or used to generate business results. These performance metrics can be applied to most areas of a business from finance and sales to employee and customer retention. You will not need all of these measures but hopefully they help you think about better ways to manage your projects.