Goals & KPIs 1
Werlaine Badio
MBA 699 Module 8 Memo
Southern New Hampshire University
March 23, 2023
Goals & KPIs 2
Goals
The term "Performance Measurement" describes a method for gauging the success and
efficacy of a plan's initiatives and projects. "It is necessary to go through this procedure to
gather, evaluate, and examine potential methods for achieving the project's objectives, quantify
its success, and establish its key performance indicators" (Kaydos, 2020). My company's
president can see from this letter how important accurate forecasting is to our company's success.
Management strategies, and performance objectives help communicate the shifts that must take
place within a company.
These long-term strategies must be carried out, emphasizing KPIs and internal objectives.
Before anything else, the company needs to establish attainable and relevant objectives. These
objectives should be reasonable, measurable, and doable. "Key performance measures that are
accurate guarantee that its standards will be met" (Kaydos, 2020). Workers are more inspired and
motivated when given goals they can achieve. However, if the company establishes too lofty
goals, they become disillusioned and stop trying. A review of the most current performance
statistics demonstrates the past performance gains realized by the company. It provides
