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Measuring Business Success with Key Performance Indicators
March 10, 2020 @ 7:30 am - 9:30 am
March 6, 2020 – As a prevention strategy to minimize COVID-19 spread, Kitsap Business Forum scheduled for March 10, 2020, is postponed. Measuring Business Success with Key Performance Indicators will be rescheduled for a future date.
As of this writing, Kitsap County has no confirmed cases, but public health officials believe COVID-19 will continue to spread in Washington. Since the situation is evolving, Kitsap Business Forum is opting to do its part to protect the health of our community and prevent the spread of COVID-19.
This event listing will be updated when the forum is rescheduled.
A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively a company is achieving key business objectives. KPIs come in many forms and can reveal the good, the bad, and sometimes ugly. Organizations use KPIs to evaluate their success at reaching their goals.
In this KBF, we’ll walk you through some of the factors that will influence which KPIs to focus on and help you home in on the metrics that matter the most for your business.
- Identify key factors affecting performance measurement
- Choose the right KPIs for your business
- Understand lagging and leading indicators and avoid problems with popular measures
- Build your scorecard to success
Meet Your Presenter
William (Bill) Ruddick, owner of Ruddick Consulting, has been assisting businesses for 20 years. His focus is on business valuations, exit planning, reality checks, “What IF” operational analysis, and business sale presentations. Ruddick is heavily involved with historical performance indicators and ratios as well as projected performance figures, which include operational performance data.
Ruddick Consulting has worked with over 225 businesses in North America, Asia, Europe, and Australia. Industry involvement includes manufacturing, distribution, publishing, marketing, software development, locomotive repair, agriculture, food service, wood products, international trade, hospitals, and more. Clients have ranged from small family businesses to international companies.
Bill is a graduate of the University of Puget Sound with dual majors in Business Administration and Economics. He has had advanced senior management training at the University of Washington, UCLA, and Buffalo State. Bill is past president and director of the National Wood Window and Door Association and past member of the Institute of Management Consultants and the Strategic Planning Institute.
Doors open at 7:30 a.m. for morning networking. Enjoy coffee and breakfast bites compliments of Port Madison Enterprises/Clearwater Casino Resort. The program starts promptly at 8 a.m. and finishes at 9:30 a.m.