Achievement level of each business.
KGI is a management goal that uses specific numerical values, so setting it makes it easier to grasp the degree of achievement.
For example, let's say your current situation is "sales of 1 million yen in three months."
Looking at this fact alone, it is difficult to judge timor-leste email address whether it is good or bad, but if the KGI is "achieve sales of 500,000 yen in three months," then the achievement rate is 200%, but if the KGI is "achieve sales of 1 million yen in one month," then it has not been achieved.
If KGI is not defined, it will not be possible to judge whether the current business situation is good or bad, which may ultimately lead to failure to achieve goals .
Defining KGI makes it easier to define KPIs as well, allowing you to grasp the current situation more specifically.
Benefit 3: You can improve your business efficiently
By determining KGI and understanding the management goals and the degree of achievement of each business, you will naturally be able to understand what improvements you need to make to achieve those goals.
Efficient improvements can be made by constantly comparing the current situation with the pre-determined KGI and clarifying the KSFs (what is lacking and how to achieve it) .
Advantage 4: It is easier to maintain employee motivation
Setting KGIs also has the advantage of making it easier to maintain employee motivation.
Employees need specific goals to stay motivated and keep working .
Rather than simply being told "Increase your sales," you will be more likely to work hard if you are told "your goal is to achieve sales of 1 million yen within three months."
Furthermore, setting KGI will ensure that the entire company is moving in the same direction.
Having a common goal within the company makes it easier for teams and colleagues to improve each other and stay motivated .
You can understand business goals
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