Performance Targets
Performance targets are specific goals set by organizations to measure the effectiveness and efficiency of their operations. These targets help teams understand what is expected of them and provide a clear benchmark for success. They can relate to various aspects, such as sales, customer satisfaction, or production levels, and are often tied to overall business objectives.
By establishing performance targets, organizations can track progress over time and make informed decisions based on data. Regularly reviewing these targets allows teams to adjust their strategies as needed, ensuring they remain aligned with the company's goals and can respond to changing market conditions.