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OKRs vs KPIs: How They Differ and When to Use Each

15Five

” We say: companies should use both OKRs (objectives and key results) and KPIs (key performance indicators) to track their performance. Both metrics help you stay on track and realize desirable outcomes in very different, but equally valuable ways. . What are KPIs? KPI stands for key performance indicator.

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8 Steps to Improve Employee Productivity in 2024

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For example, if a business goal is to enter a new market, a KPI could be leads generated, which would measure the volume of potential new business customers the employee brings to the company. Don’t just take our word for it—experience the difference firsthand by booking a demo today.

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Using AI in Performance Management: The Keys for HR Success

15Five

AI-powered performance management tools use robust metrics to help managers identify strengths and weaknesses for everyone on their team, giving them the info they need for performance reviews and similar conversations. The average manager just has too much on their plate. AI tools, however, have nothing but time.

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Being Successful With OKRs Requires Better Communication

15Five

But when managers view and analyze performance metrics, they often need more context to determine the causes of success or failure, and how to take action. For example, a company can look at sales figures as a KPI, without looking into the quality of the demos that were done or the number of customer phone calls made.

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