What are Customer Service metrics?
Crafting the perfect Customer Service metrics can feel overwhelming, particularly when you're juggling daily responsibilities. That's why we've put together a collection of examples to spark your inspiration.
Transfer these examples to your app of choice, or opt for Tability to help keep you on track.
Find Customer Service metrics with AI
While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI metrics generator below to generate your own strategies.
Examples of Customer Service metrics and KPIs
Metrics for Growing retail distribution
1. Number of New Distribution Points
The total number of new retail distribution points established in a specific period due to outbound selling by customer service representatives
What good looks like for this metric: 10 new distribution points per quarter
Ideas to improve this metric- Develop a targeted list of potential stores
- Train customer service reps on sales techniques
- Offer incentives for successful partnerships
- Leverage existing customer relationships
- Utilise data to identify high-potential areas
2. Conversion Rate
The percentage of contacted stores that become active retailers
What good looks like for this metric: 20% conversion rate for outbound efforts
Ideas to improve this metric- Refine sales pitch and presentation
- Identify and address common rejection reasons
- Use testimonials or case studies
- Follow up consistently with potential clients
- Provide flexible terms or agreements
3. Customer Service Rep Productivity
Average number of new distribution points secured per customer service representative per month
What good looks like for this metric: 2 new points per rep per month
Ideas to improve this metric- Streamline contact and follow-up processes
- Set clear targets and expectations
- Use technology to enhance outreach efforts
- Provide regular training and feedback
- Encourage collaboration among team members
4. Sales Cycle Length
The average time it takes from the initial contact to the establishment of a new distribution point
What good looks like for this metric: 3-4 weeks from contact to establishment
Ideas to improve this metric- Identify and remove bottlenecks in the process
- Automate parts of the follow-up process
- Improve product or brand education materials
- Monitor and adjust outreach timing strategies
- Tailor communication to the potential client's needs
5. Revenue from New Distribution Points
The total revenue generated from the newly established distribution points
What good looks like for this metric: Increase initial revenue by 15% within 3 months
Ideas to improve this metric- Offer introductory deals to incentivise sales
- Monitor stock levels at new locations
- Provide ongoing support and promotions
- Gather feedback and adjust offerings
- Encourage repeat orders with loyalty programmes
Metrics for Windows and VMWare Server Support
1. First Call Resolution Rate
Percentage of issues resolved on the first call without escalation
What good looks like for this metric: 70-80%
Ideas to improve this metric- Provide comprehensive training for team members
- Implement a robust knowledge base
- Utilise remote access tools for rapid solutions
- Ensure clear communication during ticket handling
- Optimise ticket categorisation for swift allocations
2. Average Ticket Resolution Time
Average time taken to resolve support tickets
What good looks like for this metric: Less than 24 hours
Ideas to improve this metric- Enhance prioritisation of critical tickets
- Streamline internal workflows
- Employ ticketing software with automation features
- Offer frequent skill-improving sessions
- Regularly review ticket handoff processes
3. Customer Satisfaction Score
Rating provided by customers after resolution
What good looks like for this metric: Above 90%
Ideas to improve this metric- Solicit feedback through post-service surveys
- Provide personalised support where applicable
- Encourage proactive follow-ups with customers
- Analyse feedback data to identify improvement areas
- Reward team members demonstrating high satisfaction scores
4. Ticket Backlog
Number of unresolved tickets over a specified time period
What good looks like for this metric: Less than 10% of total tickets
Ideas to improve this metric- Regularly audit ticket queue for overdue items
- Implement weekly backlog reviews
- Balance team workload to prevent overloads
- Develop standard operating procedures for common issues
- Encourage team accountability for assigned tickets
5. Service Uptime
Percentage of time the server environment is operational and available
What good looks like for this metric: 99.9%
Ideas to improve this metric- Conduct regular system health checks
- Implement proactive monitoring systems
- Establish a thorough disaster recovery plan
- Schedule routine maintenance during off-peak hours
- Ensure redundancy for critical systems
Metrics for Referral Marketing
1. Referral Rate
The percentage of your customers who refer others to your business. This is calculated by dividing the number of referred customers by the total number of customers
What good looks like for this metric: 10-30%
Ideas to improve this metric- Enhance referral incentives
- Simplify the referral process
- Promote the referral program frequently
- Provide excellent customer service
- Recognise and reward top referrers
2. Customer Acquisition Cost (CAC)
The cost associated with convincing a consumer to buy your product or service, including all marketing and sales expenses. This is calculated by dividing the total costs of acquisition by the number of new customers
What good looks like for this metric: $7-$15 per customer
Ideas to improve this metric- Optimise marketing spend
- Increase organic reach
- Leverage social proof
- Enhance referral incentives
- Use cost-effective advertising channels
3. Lifetime Value (LTV)
The predicted net profit attributed to the entire future relationship with a customer. This is calculated by multiplying the average purchase value, purchase frequency, and customer lifespan
What good looks like for this metric: $400-$500
Ideas to improve this metric- Improve customer retention strategies
- Enhance product/service quality
- Upsell and cross-sell effectively
- Provide excellent customer service
- Offer loyalty programs
4. Referral Conversion Rate
The percentage of referred leads who become paying customers. This is calculated by dividing the number of referred customers who make a purchase by the total number of referred customers
What good looks like for this metric: 10-20%
Ideas to improve this metric- Streamline referral onboarding
- Offer time-limited incentives
- Provide clear value proposition
- Enhance user experience on landing pages
- Engage referrals with follow-up communications
5. Net Promoter Score (NPS)
A measure of customer loyalty and satisfaction, calculated by asking customers how likely they are to recommend your business to others on a scale of 0-10 and subtracting the percentage of detractors from promoters
What good looks like for this metric: 30-50
Ideas to improve this metric- Regularly solicit and act on customer feedback
- Improve product quality
- Provide exceptional customer service
- Engage with customers on social media
- Implement loyalty and reward programmes
Metrics for Sales and CSAT Targets
1. Sales Revenue
Total income generated from sales of courses, measured in USD
What good looks like for this metric: $50,000 per month
Ideas to improve this metric- Enhance course offerings
- Run targeted advertising campaigns
- Offer early-bird discounts
- Upsell related courses
- Optimise pricing strategy
2. Customer Satisfaction Score (CSAT)
Measures the level of satisfaction of customers, usually rated on a scale of 1-5
What good looks like for this metric: 4.0 out of 5
Ideas to improve this metric- Provide excellent customer support
- Gather and act on customer feedback
- Offer personalised learning paths
- Improve user interface and experience
- Ensure course content is high quality
3. Learner Engagement Rate
Percentage of learners actively participating in the course, calculated by dividing active participants by total enrolled
What good looks like for this metric: 60%
Ideas to improve this metric- Introduce interactive elements
- Provide regular updates and new content
- Encourage group discussions
- Use gamification techniques
- Send regular reminders and follow-ups
4. Course Completion Rate
Percentage of learners who complete the course, calculated by dividing the number of completions by the total number enrolled
What good looks like for this metric: 70%
Ideas to improve this metric- Design shorter, more manageable modules
- Set clear expectations and goals
- Offer incentives for completion
- Provide support resources
- Implement progress tracking
5. Knowledge Retention Rate
Measures how much information learners retain over time, assessed through follow-up tests
What good looks like for this metric: 75%
Ideas to improve this metric- Use varied teaching methods
- Incorporate spaced repetition
- Provide summary notes
- Offer periodic refreshers
- Encourage practical application of knowledge
Metrics for Empowering Innovation and Service Delivery
1. System Uptime
The percentage of time the infrastructure is operational and accessible to users.
What good looks like for this metric: 99.9%
Ideas to improve this metric- Implement redundancy systems
- Perform regular maintenance checks
- Upgrade hardware components
- Monitor using advanced tools
- Develop a disaster recovery plan
2. Service Response Time
The average time taken to respond to service requests or queries from users.
What good looks like for this metric: Less than 3 seconds
Ideas to improve this metric- Optimise server configurations
- Use load balancing techniques
- Increase bandwidth availability
- Implement caching strategies
- Enhance database management
3. User Satisfaction Score
A measure of user satisfaction collected through surveys and feedback forms.
What good looks like for this metric: Above 85%
Ideas to improve this metric- Conduct regular user feedback sessions
- Implement a user-friendly interface
- Deliver consistent customer support
- Analyse feedback for improvements
- Introduce regular updates based on suggestions
4. Innovation Adoption Rate
The percentage of new features or innovations adopted by users over time.
What good looks like for this metric: Above 60%
Ideas to improve this metric- Promote new features actively
- Provide training sessions for users
- Offer incentives for early adoption
- Simplify the onboarding process
- Use user testimonials to encourage uptake
5. Incident Resolution Time
The average time taken to resolve incidents or issues reported within the infrastructure.
What good looks like for this metric: Under 4 hours
Ideas to improve this metric- Maintain a knowledgeable support team
- Use automated incident detection
- Streamline the issue escalation process
- Maintain a robust incident management tool
- Review and refine resolution procedures
Metrics for Wholesale Channel Strategy
1. Sales Volume
Represents the total quantity of products sold through the wholesale channel
What good looks like for this metric: Varies by industry; aim for consistent growth
Ideas to improve this metric- Expand product lines to meet diverse customer needs
- Enhance promotional activities to boost sales
- Strengthen relationships with existing partners
- Provide more flexible purchasing options
- Offer competitive pricing and discounts
2. Average Order Value
Measures the average dollar amount spent by customers per order
What good looks like for this metric: Varies by industry; typically between $500-$5,000
Ideas to improve this metric- Bundle products to increase order size
- Implement minimum order quantities
- Offer free shipping over a certain amount
- Develop loyalty programmes for frequent buyers
- Regularly review and adjust pricing strategies
3. Customer Lifetime Value
Estimates the total value a customer will contribute over their lifetime
What good looks like for this metric: Typically 3-5 times the acquisition cost
Ideas to improve this metric- Focus on high customer satisfaction
- Improve customer retention strategies
- Provide excellent after-sales support
- Cross-sell and upsell additional products
- Use personalised marketing campaigns
4. Customer Acquisition Cost
Calculates the cost to acquire a new customer
What good looks like for this metric: Should be a fraction of Customer Lifetime Value
Ideas to improve this metric- Optimise marketing spend
- Increase conversion rates on landing pages
- Enhance inbound marketing approaches
- Collaborate with relevant industry partners
- Leverage social media advertising
5. Channel Partner Satisfaction
Evaluates the satisfaction level of wholesale partners
What good looks like for this metric: Aim for 80% or higher satisfaction
Ideas to improve this metric- Solicit feedback regularly from partners
- Conduct training sessions to support partners
- Ensure efficient logistical support
- Foster open communication channels
- Address concerns promptly and effectively
Metrics for Launching a New Product
1. Customer Acquisition Rate
Measures the number of new customers acquired within a specific period after the product launch, typically calculated as the percentage of new customers relative to total target audience
What good looks like for this metric: 20-30%
Ideas to improve this metric- Increase marketing efforts
- Offer promotions or discounts
- Enhance online presence
- Use influencer partnerships
- Optimise your sales funnel
2. Customer Retention Rate
Indicates the percentage of customers who continue to purchase your product after initial acquisition, calculated by dividing the number of repeat customers by the total number of customers
What good looks like for this metric: 40-60%
Ideas to improve this metric- Improve customer service
- Introduce a loyalty programme
- Regularly update the product
- Solicit customer feedback
- Follow up with customers
3. Revenue Growth Rate
Tracks the increase in revenue generated by the new product over a set period, usually expressed as a percentage
What good looks like for this metric: 10-25%
Ideas to improve this metric- Upsell and cross-sell
- Expand into new markets
- Increase marketing investment
- Optimise pricing strategies
- Refine product features based on feedback
4. Market Penetration
Measures the extent to which the new product is being adopted in the target market, calculated by the percentage of target market users purchasing the product
What good looks like for this metric: 5-15%
Ideas to improve this metric- Conduct market research
- Adjust marketing messaging
- Offer introductory offers
- Establish strategic partnerships
- Create compelling product demo and trials
5. Customer Satisfaction Score
Gauges customers' satisfaction with the new product, commonly measured using surveys and net promoter scores
What good looks like for this metric: 70-85%
Ideas to improve this metric- Enhance product quality
- Improve customer support
- Offer easy-to-find help resources
- Regularly collect customer feedback
- Implement suggested improvements
Metrics for Balanced Growth and Success
1. Revenue Growth Rate
Measures the percentage increase in revenue over a specific period, indicating business expansion and success
What good looks like for this metric: 10-25% annually for small businesses
Ideas to improve this metric- Enhance marketing strategies
- Diversify income streams
- Optimize pricing models
- Improve customer retention
- Expand product or service offerings
2. Customer Acquisition Cost (CAC)
Represents the total expense incurred in acquiring a new customer, essential for evaluating marketing efficiency
What good looks like for this metric: $50-150 for small businesses
Ideas to improve this metric- Leverage referral programs
- Utilize social media marketing
- Optimize sales funnel
- Focus on targeted advertising
- Improve lead conversion rates
3. Customer Retention Rate
Indicates the percentage of customers who stay with a business over a given period, reflecting customer satisfaction and loyalty
What good looks like for this metric: 50-80% for service-based businesses
Ideas to improve this metric- Enhance customer support
- Implement loyalty programs
- Request regular feedback
- Personalize customer communication
- Increase service quality
4. Net Profit Margin
Calculates the percentage of revenue that remains as profit after all expenses are deducted, showing the efficiency of the management
What good looks like for this metric: 10-20% for small to medium enterprises
Ideas to improve this metric- Reduce operational costs
- Increase sales volume
- Evaluate supplier contracts
- Optimize inventory management
- Automate standard processes
5. Employee Satisfaction
Assesses how content staff members are, which can influence productivity and company culture
What good looks like for this metric: 70-80% satisfaction rate
Ideas to improve this metric- Conduct regular surveys
- Improve work-life balance
- Provide professional development
- Offer competitive benefits
- Encourage a collaborative environment
Metrics for Gift Show Feedback and Planning
1. Customer Feedback Ratings
Average ratings collected from customers about the existing product line on a scale of 1-5
What good looks like for this metric: 4.0 out of 5
Ideas to improve this metric- Increase direct customer interactions
- Organise focus groups
- Enhance customer feedback channels
- Implement follow-up surveys
- Incorporate customer feedback into product adjustments
2. Net Promoter Score (NPS)
Measures customer willingness to recommend the product line to others, calculated by subtracting the percentage of detractors from promoters
What good looks like for this metric: 50
Ideas to improve this metric- Enhance product quality
- Improve customer service
- Identify and address customer pain points
- Implement loyalty programmes
- Regularly survey customers to monitor NPS
3. Product Line Interest Rate
Percentage of attendees expressing interest in the existing product line
What good looks like for this metric: 30%
Ideas to improve this metric- Create engaging product displays
- Offer product samples or demonstrations
- Utilise targeted marketing strategies
- Provide exclusive show discounts
- Collect contact details for follow-up communication
4. Ideas for New Products
Number of unique ideas for new product introductions received from customer feedback
What good looks like for this metric: 10 ideas per event
Ideas to improve this metric- Encourage customer creativity
- Host brainstorming sessions
- Provide incentives for idea submission
- Analyse market trends for potential opportunities
- Engage in competitor analysis
5. Sales Conversion Rate
The percentage of gift show attendees who make a purchase from the product line
What good looks like for this metric: 25%
Ideas to improve this metric- Enhance sales team training
- Optimise the point of sale experience
- Provide attractive pricing strategies
- Utilise persuasive sales techniques
- Improve the overall customer journey
Metrics for Operations Efficiency
1. Operational Cost Ratio
The ratio of operational costs to total revenue, used to determine the cost-effectiveness of operations
What good looks like for this metric: 25-35%
Ideas to improve this metric- Automate manual processes
- Negotiate better supplier contracts
- Implement lean management techniques
- Regularly review and adjust budgets
- Reduce waste and inefficiencies
2. Average Order Fulfilment Time
The average time taken from receiving an order to its delivery, indicating the efficiency of the fulfilment process
What good looks like for this metric: 24-48 hours
Ideas to improve this metric- Streamline warehouse processes
- Enhance inventory management
- Use reliable shipping partners
- Adopt real-time tracking systems
- Train staff for faster processing
3. First Pass Yield
The percentage of products manufactured correctly without any need for rework, showing the efficiency of the production process
What good looks like for this metric: 95-99%
Ideas to improve this metric- Implement quality control measures
- Use advanced manufacturing techniques
- Provide ongoing employee training
- Conduct regular equipment maintenance
- Analyse and address defect trends
4. Inventory Turnover Ratio
The ratio of cost of goods sold to average inventory, indicating how efficiently inventory is managed
What good looks like for this metric: 6-12 times per year
Ideas to improve this metric- Optimise inventory levels
- Improve demand forecasting
- Enhance supplier relationships
- Implement just-in-time inventory systems
- Increase marketing and sales efforts
5. Customer Satisfaction Score (CSAT)
A measure of customer satisfaction with the operational aspects of the company, usually gathered through surveys
What good looks like for this metric: 80-90%
Ideas to improve this metric- Improve customer service training
- Collect and act on customer feedback
- Enhance product quality
- Ensure timely delivery
- Streamline return processes
Metrics for Improve Channel Partner Visibility
1. Quote-to-Order Ratio
The ratio of quotes provided by channel partners that convert into actual orders
What good looks like for this metric: 20-30% is typical in the industry
Ideas to improve this metric- Enhance the training of channel partners to improve their quoting accuracy
- Provide better sales tools and materials to channel partners
- Implement CRM systems to track and analyse quoting patterns
- Offer incentives for high quote-to-order conversion
- Regularly review partner performance and provide feedback
2. Lead Time Variance
Measures the difference between promised and actual delivery times by channel partners
What good looks like for this metric: 0-10% variance is desirable
Ideas to improve this metric- Set clear expectations with channel partners regarding lead times
- Implement joint planning sessions with partners to align on lead time goals
- Use demand forecasting tools to better predict lead times
- Regularly assess and enhance supply chain logistics
- Promote transparent communication between all parties
3. Order Frequency Per Partner
Tracks the number of orders placed by each channel partner over a specific period
What good looks like for this metric: Varies depending on partner size and capacity
Ideas to improve this metric- Analyse order patterns to identify potential bottlenecks
- Foster relationships with high-frequency partners to understand their success
- Allocate resources to low-frequency partners for support and growth
- Evaluate and adjust inventory strategies based on order frequency
- Provide targeted promotions to stimulate ordering
4. Sales Cycle Time
The average time it takes for a quote to turn into a closed sale via channel partners
What good looks like for this metric: 21 days is average for the objective scenario
Ideas to improve this metric- Identify stages in the sales cycle where delays occur and address them
- Automate parts of the sales process to reduce cycle time
- Train channel partners on effective sales techniques
- Use data analytics to pinpoint areas for process improvement
- Establish collaborative goals to align efforts with partners
5. Channel Partner Satisfaction Score
Measures the level of satisfaction among channel partners regarding their business transactions
What good looks like for this metric: Scores above 80% are preferable
Ideas to improve this metric- Conduct surveys to gather feedback from partners
- Address concerns and implement changes based on feedback
- Ensure consistent and clear communication channels with partners
- Create recognition and reward programs for partners
- Invest in an easy-to-use partner portal for interactions
Metrics for Instituição de Pagamento
1. Customer Transaction Volume
The total number of transactions processed by the payment institution over a given period
What good looks like for this metric: Varies widely; high growth companies see 20% annual increase
Ideas to improve this metric- Increase customer acquisition through marketing
- Improve user experience to encourage repeat transactions
- Expand partnerships to access a wider customer base
- Offer promotions or discounts to drive transaction volume
- Enhance payment options to support diverse needs
2. Transaction Approval Rate
The percentage of successful transactions approved compared to total transaction attempts
What good looks like for this metric: Typically over 95% for competitive institutions
Ideas to improve this metric- Enhance fraud detection accuracy
- Optimise payment processing systems
- Collaborate with banks to iron out common approval issues
- Monitor transaction decline reasons closely
- Regularly update customer payment information on file
3. Net Revenue Margin
The net revenue generated as a percentage of total revenue post expenses
What good looks like for this metric: Ranges from 30% to 50%
Ideas to improve this metric- Reduce operational costs
- Increase service charges where feasible
- Negotiate better rates with banks and card networks
- Optimise risk management to reduce losses
- Focus on high-margin products or services
4. Customer Satisfaction Score
A measure of how satisfied customers are with the service provided, often derived from surveys
What good looks like for this metric: Aim above 80% satisfaction
Ideas to improve this metric- Enhance customer service response times
- Conduct regular feedback surveys
- Implement suggestions from feedback
- Regularly update and simplify user interfaces
- Maintain transparency in fees and processes
5. Average Transaction Value
The average amount of money handled per transaction
What good looks like for this metric: Dependent on industry; typically between $50 and $100
Ideas to improve this metric- Encourage bulk purchases or payments
- Promote higher-value products or services
- Implement loyalty programs for higher spends
- Offer tiered service packages at different price points
- Cross-sell products to increase transaction value
Metrics for Service Health Evaluation
1. Uptime Percentage
Measures the amount of time the service is up and running without interruptions. Calculated by dividing the total operational minutes by the total minutes in a period.
What good looks like for this metric: 99.9% or higher
Ideas to improve this metric- Implement redundancy systems
- Use robust monitoring tools
- Conduct regular maintenance
- Train staff for quick incident response
- Opt for reliable service providers
2. Response Time
The time it takes for the service to respond to a user action or request. Typically measured in milliseconds or seconds.
What good looks like for this metric: Less than 200ms
Ideas to improve this metric- Optimize server configurations
- Use a content delivery network
- Streamline code and queries
- Enhance database performance
- Regularly audit application performance
3. Error Rate
The percentage of failed requests in relation to the total number of service requests.
What good looks like for this metric: Less than 1%
Ideas to improve this metric- Implement detailed logging
- Enhance debugging processes
- Regular code reviews
- Continuous service testing
- Deploy robust error handling
4. Customer Satisfaction Score (CSAT)
A measurement derived from customer feedback focusing on satisfaction with the service, typically collected via surveys.
What good looks like for this metric: 80% or higher
Ideas to improve this metric- Enhance user experience design
- Implement customer feedback loops
- Resolve issues promptly
- Provide user-friendly interfaces
- Conduct regular user training
5. Transaction Success Rate
The percentage of successful transactions completed without any errors or failures.
What good looks like for this metric: 95% or higher
Ideas to improve this metric- Optimize transactional workflow
- Enhance payment gateway reliability
- Continuously monitor transaction logs
- Implement strong authentication mechanisms
- Regularly update and test payment procedures
Metrics for Online Therapy Platform
1. Client Retention Rate
The percentage of clients who continue using the platform over a given period
What good looks like for this metric: Typical benchmark is 60-70%
Ideas to improve this metric- Enhance user experience
- Offer personalised treatment plans
- Regularly gather and implement feedback
- Provide flexible scheduling options
- Ensure therapists are a good match
2. Session Completion Rate
The ratio of completed therapy sessions to scheduled sessions
What good looks like for this metric: Typical benchmark is 80-90%
Ideas to improve this metric- Send session reminders
- Integrate seamless payment systems
- Offer flexible re-scheduling
- Improve platform reliability
- Address clients’ issues promptly
3. Client Satisfaction Score
Average rating given by clients regarding their overall satisfaction with the service
What good looks like for this metric: Typical benchmark is 4+ out of 5
Ideas to improve this metric- Train therapists in customer service
- Implement regular check-ins with clients
- Ensure platform ease of use
- Offer a variety of therapy styles
- Regularly update platform features
4. Therapist Response Time
The average time taken for therapists to respond to client inquiries
What good looks like for this metric: Typical benchmark is 1-2 hours
Ideas to improve this metric- Set clear expectations with therapists
- Use automation for initial queries
- Provide incentives for quick responses
- Implement a notification system
- Monitor and report response time trends
5. Platform Usage Rate
The frequency with which clients and therapists use the platform
What good looks like for this metric: Typical benchmark is 70-85% active users monthly
Ideas to improve this metric- Introduce engaging content regularly
- Create community forums for interaction
- Send regular updates or newsletters
- Reward consistent platform usage
- Offer interactive features
Metrics for Cultivate Strategic Agility
1. Time to Market
The time it takes for the bank to develop a new product or service and introduce it to the market
What good looks like for this metric: 3-6 months
Ideas to improve this metric- Streamline development processes
- Enhance team collaboration
- Implement agile methodologies
- Invest in predictive analytics
- Reduce approval bottlenecks
2. Customer Feedback Cycle Time
The time it takes to gather customer feedback and make adjustments based on it
What good looks like for this metric: 2-4 weeks
Ideas to improve this metric- Utilise real-time feedback tools
- Empower frontline employees
- Shorten decision-making processes
- Increase frequency of customer surveys
- Adopt customer-centric technologies
3. Employee Adaptability Rating
The ability of employees to adapt to new processes, tools, and approaches
What good looks like for this metric: 8/10
Ideas to improve this metric- Provide ongoing training programs
- Offer incentives for skill development
- Encourage a growth mindset culture
- Implement job rotation programs
- Foster open communication channels
4. Change Management Success Rate
The percentage of successful changes implemented in processes, systems, or services
What good looks like for this metric: 80%
Ideas to improve this metric- Follow structured change management frameworks
- Increase stakeholder engagement
- Conduct regular impact assessments
- Enhance communication during change initiatives
- Utilise feedback from previous change efforts
5. Innovation Index
A measure of the bank's innovation output, including the number of new initiatives or product offerings
What good looks like for this metric: 10-15 initiatives per year
Ideas to improve this metric- Encourage cross-departmental brainstorming
- Allocate dedicated resources for innovation
- Foster a culture of experimentation
- Implement an ideas management platform
- Regularly review and adapt innovation goals
Tracking your Customer Service metrics
Having a plan is one thing, sticking to it is another.
Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.
A tool like Tability can also help you by combining AI and goal-setting to keep you on track.
Tability's check-ins will save you hours and increase transparencyMore metrics recently published
We have more examples to help you below.
The best metrics for Instituição de Pagamento- The best metrics for Facility Maintenance Planning
- The best metrics for Improve Channel Partner Visibility
- The best metrics for Targeted Sales Material Creation
- The best metrics for Growing retail distribution
- The best metrics for Enhancing Best Sellers Focus
Planning resources
OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:
- To learn: What are OKRs? The complete 2024 guide
- Blog posts: ODT Blog
- Success metrics: KPIs examples