NSCA’s Wilson Talks Benchmarks, Performance Goals for 2014
NSCA executive director Chuck Wilson urges integrators to create performance goals and financial benchmarks to guide and measure progress in 2014.
What are your business goals for 2014? How will you measure your company’s progress as we head into Q2?
Chuck Wilson, executive director of NSCA, talks about the benefits of creating a set of goals and benchmarks to drive your company in the right direction. These goals can be used to measure your progress along the way, and NSCA aims to help.
As a trade organization, NSCA provides resources for integration firms as they create and measure financial metrics, go through gross profit and expenses, and work to improve performance, productivity, and efficiency in 2014.
Related: 5 Business Metrics You Ought to Track
Wilson pinpoints important ratios to pay attention to, such as revenue per employee and available hours versus billable hours. He discusses the possibility of new incentive ideas, organizational structures, and sales tools. NSCA can also help advise with new technology.
Watch Chuck Wilson’s video question of the week to hear more:
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our digital newsletters!