There is an old saying in business that if you can’t measure it, you can’t manage it.
KPIs or Key Performance Indicators are about simply measuring business processes or items that influence the performance of your business.
They might be things like your sales processes or they could be things like your staff retention, they could be the productivity of your workers, it could be something like the weather or the exchange rates.
There are lots of things that influence our business and in general one of your jobs is to find ways to improve those measurements.
Say we want to improve staff retention for example, the way we do this is by developing new processes within our business that might help improve that. The way you know whether it works or not is by measuring those outcomes through key performance indicators.
That’s what Bizeo does.
What to Watch
I have a lot of people ask me, ‘What should I monitor with Bizeo?’
The simple answer is just about everything.
I use Bizeo to monitor everything from my accounts and my IT infrastructure, I use it to monitor how my customers are performing and how the products we deliver them go.
I use it to monitor how external influences such as economic indexes are performing, I use it to monitor things like the weather. I can see for example when it is snowing in Chicago which is where my girlfriend lives, little things like that. Bizeo lets me know just about everything about the world that might influence me or my personal life.
Don’t be restricted just to business items as well, you can also monitor things like your weight or blood pressure. A lot of time business owners forget about themselves, watch those things as well.
Look after yourself with Bizeo.
What is Bizeo?
I have a lot of people ask me what Bizeo is and what does it do?
The short answer is, it is designed to simplify business and give you back control of that business and your life.
How does it do that? Those of us who run and own a business are really passionate about them. We spend our days and nights, our weekends and holidays checking on things, hoping to improve things and worrying about things that might have gone wrong.
Bizeo does that running around for you.
It can monitor every part of your business, let you know the second something goes wrong, gives you all the key metrics you need to monitor performance and best of all it reassures you that everything is ok so you can get back to enjoying your life.