CFO cum Business Advisory

The Art of Setting Targets, We Call KPIs (Key Performance Indicators)

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As an Entrepreneur, you are full of passion in your business.

However, you cannot do it alone. You would need a team of lieutenants to fight the war with you.

You have planned out your War Plan, but you would need to communicate this Plan to your lieutenants in a clear and precise manner so they would understand what’s in your head and execute them.

You would also share your success with your lieutenants who fought the war with you.

Hence, please tie some Incentives to the KPIs if achieved.

Communicate this Incentive Plan upfront when you communicate these KPIs to your lieutenants to motivate them to fight this War with you.

Good luck !

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Written by Kelvin Loh