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My KPI: Annualized Growth Rate
Richard Cowen, Chief Financial Officer of JMAN Group, outlines why having the command of a range of KPIs is so important.
Contributor
Richard Cowen
CFO, JMAN Group
Every business has KPIs but they are not all equal. Which do you really need to pay attention to?
In a recent AccountingWEB article, Richard Cowen, Chief Financial Officer at JMAN Group, discusses the importance of understanding key performance indicators (KPIs) in today’s business landscape. Richard emphasizes that while it can be challenging to identify a single KPI that provides a complete picture of a business, annualized growth rate is a crucial metric for many organizations.
Key takeaways from the article:
- The significance of annualized growth rate as a fundamental KPI for most businesses
- The importance of using KPIs to understand a business’s performance and make informed decisions
- The need for a comprehensive approach to KPIs, considering multiple metrics rather than relying solely on one
Read the full article to learn more about how KPIs can help your business achieve success.