performance tracking

How Can Leaders Effectively Track Performance?

Leaders can track performance through various methods:
Key Performance Indicators (KPIs): These are specific, measurable metrics that reflect the critical success factors of an organization.
Balanced Scorecard: This framework helps in monitoring and managing an organization's strategy by looking at financial and non-financial metrics.
Performance Appraisals: Regular evaluations of employee performance can provide insights into individual and team effectiveness.
360-Degree Feedback: Collecting feedback from peers, subordinates, and supervisors offers a holistic view of an employee's performance.

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