What are Efficiency metrics?
Developing an effective Efficiency metrics can be intimidating, especially when your daily duties demand your attention. To assist you, we've curated a list of examples to inspire your planning process.
Feel free to copy these examples into your favorite application, or leverage Tability to maintain accountability.
Find Efficiency 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 Efficiency metrics and KPIs
Metrics for Reprocessed Plastic Recycling
1. Annual Sales Volume
The total quantity of plastic products sold within a year
What good looks like for this metric: 10,000 MT in 2025, increasing to 50,000 MT by 2035
Ideas to improve this metric- Expand market reach through marketing
- Increase product quality to boost sales
- Enhance sales team training and incentives
- Identify and target key industries needing plastic
- Collaborate with international partners
2. Production Yield
The percentage of produced items that meet quality standards
What good looks like for this metric: 95% in 2025, aiming for 99% by 2035
Ideas to improve this metric- Implement quality checks at each production phase
- Invest in modern machinery and technology
- Train employees on quality control processes
- Conduct regular maintenance on equipment
- Incorporate lean manufacturing practices
3. Customer Retention Rate
The percentage of customers who continue to buy over time
What good looks like for this metric: 80% in 2025, increasing to 95% by 2035
Ideas to improve this metric- Enhance customer service and support
- Implement a loyalty program
- Regularly seek customer feedback for improvements
- Offer personalized deals and discounts
- Ensure high product quality and consistency
4. Cost per Metric Tonne (MT)
The cost incurred to produce one metric tonne of plastic
What good looks like for this metric: 10% reduction by 2026, aiming for 20% reduction by 2035
Ideas to improve this metric- Streamline procurement processes
- Negotiate better deals with suppliers
- Optimize production scheduling for efficiency
- Minimize waste during production
- Utilize energy-efficient machinery
5. Training Hours per Employee
The average number of hours each employee spends in training annually
What good looks like for this metric: 20 hours in 2025, increasing to 60 hours by 2035
Ideas to improve this metric- Develop a comprehensive training calendar
- Encourage online and external training sessions
- Introduce mentorship programs
- Link training to career development plans
- Utilize technology for training modules
Metrics for Design and Innovation Teams
1. Project Completion Rate
The percentage of design projects completed on time versus those planned at the beginning of a period.
What good looks like for this metric: 80%-90%
Ideas to improve this metric- Implement a robust project management system
- Set clear deadlines and milestones
- Regularly review progress and adjust resources
- Enhance team communication and collaboration
- Provide additional training to enhance skills
2. Innovation Rate
The rate at which new and innovative ideas are generated and implemented by the team.
What good looks like for this metric: 10%-15%
Ideas to improve this metric- Encourage brainstorming sessions regularly
- Create a supportive environment for idea sharing
- Provide resources for research and development
- Incorporate customer feedback for improvements
- Set up an incentive system for successful innovations
3. Customer Satisfaction Score
A measurement of how products or services delivered by a team meet or surpass customer expectations.
What good looks like for this metric: 80+ (out of 100)
Ideas to improve this metric- Conduct regular customer feedback surveys
- Implement a system for tracking customer complaints
- Provide exceptional customer service training
- Refine products based on customer feedback
- Develop a loyalty programme for repeat customers
4. Time to Market
The amount of time it takes for the team to develop a product from concept to market launch.
What good looks like for this metric: 6-12 months
Ideas to improve this metric- Streamline development processes
- Invest in rapid prototyping tools
- Reduce project bottlenecks through better planning
- Enhance cross-functional team collaboration
- Regularly review and reduce unnecessary steps
5. Return on Innovation Investment (ROII)
Calculated by taking the returns from new projects minus the investment costs for these projects, divided by the investment costs.
What good looks like for this metric: 20%-30%
Ideas to improve this metric- Focus on high-impact projects with clear ROI
- Allocate budget effectively across projects
- Measure the success of past innovations
- Continuously improve project selection processes
- Encourage frugal innovation to manage costs
Metrics for Steriliser Load Compliance
1. Load Cycle Completion Rate
The percentage of steriliser load cycles that are completed without interruption or error
What good looks like for this metric: Typically above 95%
Ideas to improve this metric- Ensure regular equipment maintenance
- Train staff on proper loading procedures
- Implement a checklist for pre-cycle checks
- Schedule regular audits of steriliser operations
- Use automated alerts for cycle failures
2. Cycle Documentation Accuracy Rate
The percentage of steriliser cycles with complete and accurate documentation
What good looks like for this metric: 90% or higher
Ideas to improve this metric- Introduce digital documentation systems
- Conduct regular staff training on documentation standards
- Implement peer reviews of documentation records
- Streamline the documentation process
- Use templates to standardise documentation
3. Chemical Indicator Compliance Rate
The percentage of loads that correctly use chemical indicators according to protocol
What good looks like for this metric: 95% usage compliance
Ideas to improve this metric- Ensure ample supply of chemical indicators
- Provide refresher training on chemical indicator usage
- Implement a monitoring system for indicator application
- Conduct regular spot checks
- Review procedures and update protocols regularly
4. Load Turnaround Time
The average time taken from loading the steriliser to load completion
What good looks like for this metric: Less than 2 hours
Ideas to improve this metric- Optimise scheduling to minimise downtime
- Invest in faster sterilisation technologies
- Review workflow for bottlenecks
- Provide timely maintenance to prevent delays
- Balance load to enhance efficiency
5. Equipment Malfunction Incident Rate
The number of incidents due to equipment malfunction per 100 load cycles
What good looks like for this metric: Fewer than 5 incidents per 100 cycles
Ideas to improve this metric- Conduct regular preventative maintenance checks
- Replace old or obsolete equipment
- Keep a detailed maintenance log
- Train operators on troubleshooting procedures
- Schedule regular reviews with equipment manufacturers
Metrics for Network Isolation and Adoption
1. Migration Time
Time taken to migrate network infrastructure and services to the isolated network environment
What good looks like for this metric: Less than or equal to 1 day
Ideas to improve this metric- Streamline migration processes
- Use automation tools to reduce manual work
- Conduct trial runs to identify potential issues
- Provide adequate training to the migration team
- Develop clear migration documentation
2. Platform Services in Isolated Network
Percentage of platform services successfully transferred to an isolated network environment
What good looks like for this metric: 100% of services
Ideas to improve this metric- Create a detailed list of all platform services
- Use project management tools for tracking migration progress
- Allocate dedicated resources for network transition tasks
- Regular audit and feedback sessions
- Implement a tracking dashboard for stakeholders
3. Domain Services Migration
Number of domain-specific services migrated to the isolated network
What good looks like for this metric: At least 2 services
Ideas to improve this metric- Identify domain services with highest value impact
- Establish priorities based on current dependencies
- Develop an incremental migration plan
- Test services in the isolated environment iteratively
- Foster collaboration between domain and platform teams
4. Observability Noise Reduction
Rate of noise reduction and signal improvement in observability tools
What good looks like for this metric: Annually decreased noise with improved signals
Ideas to improve this metric- Adopt AI-based noise reduction solutions
- Regularly review and update monitoring configurations
- Implement automated alert tuning mechanisms
- Conduct team workshops on effective data interpretation
- Focus on continuous learning from alert incidents
5. Disaster Recovery Time
Total time required to complete the disaster recovery process
What good looks like for this metric: Complete within 2 days
Ideas to improve this metric- Increase automation in backup/recovery processes
- Develop efficient recovery scripts and workflows
- Invest in better infrastructure for faster processing
- Establish regular disaster recovery drills
- Monitor and optimise AWS usage to reduce limitations
Metrics for Triage and routing efficiency
1. Average Triage Time
The average time taken to assess and assign issues to a technician
What good looks like for this metric: 2 hours
Ideas to improve this metric- Implement automated ticketing system
- Train staff on swift issue identification
- Set clear prioritisation guidelines
- Regularly review triage processes
- Maintain an up-to-date technician skillset directory
2. Percentage of Issues Triaged Within 2 Hours
The proportion of issues that are assessed and routed within the two-hour goal
What good looks like for this metric: 90%
Ideas to improve this metric- Utilise time-tracking software
- Analyse bottlenecks in the triaging process
- Provide incentives for fast triaging
- Allocate sufficient resources during peak times
- Conduct regular training sessions
3. First Contact Resolution Rate
The percentage of issues resolved without the need for additional follow-up
What good looks like for this metric: 75%
Ideas to improve this metric- Expand technician training programmes
- Increase accessibility of status updates
- Improve communication between teams
- Ensure access to comprehensive knowledge base
- Implement real-time support tools
4. Customer Satisfaction Score
The average satisfaction score given by customers regarding the triage process
What good looks like for this metric: 4 out of 5
Ideas to improve this metric- Gather regular feedback from customers
- Reduce hold and transfer times
- Provide clear status updates
- Streamline communication channels
- Customise support to match customer needs
5. Backlog of Untriaged Issues
The number of issues that remain unresolved or unassigned past the two-hour window
What good looks like for this metric: 5 or fewer issues
Ideas to improve this metric- Regular audits of untriaged issues
- Enhance staffing levels during peak times
- Integrate advanced triage software
- Develop a quick response task force
- Set up alerts for untriaged issues
Metrics for Talent acquisition success
1. Time to hire
The average number of days taken to fill a job vacancy from when the job opening is posted to when the candidate accepts the offer
What good looks like for this metric: 30-45 days
Ideas to improve this metric- Streamline the interview process
- Use recruiting software to track applications
- Build a talent pipeline before positions open
- Improve job descriptions to attract qualified candidates
- Train hiring managers on effective interview techniques
2. Quality of hire
Measures the value a new hire adds to the company, often assessed by their performance ratings, retention rates, and manager satisfaction
What good looks like for this metric: 80-90% satisfaction rate
Ideas to improve this metric- Align hiring criteria with job performance
- Implement structured onboarding programs
- Collect feedback from multiple stakeholders
- Conduct regular performance reviews
- Provide continuous training and support
3. Offer acceptance rate
The percentage of job offers that are accepted by candidates out of the total number of offers extended
What good looks like for this metric: 80-90%
Ideas to improve this metric- Ensure competitive compensation packages
- Improve candidate experience during the interview process
- Communicate company culture clearly
- Address candidate concerns promptly
- Personalise offer communications
4. Cost per hire
The total amount of money spent to hire a new employee, including advertising, recruitment agency fees, referral bonuses, and internal hiring costs
What good looks like for this metric: $3,000 - $5,000 per hire
Ideas to improve this metric- Use cost-effective recruiting channels
- Encourage employee referrals
- Leverage social media for recruiting
- Automate repetitive hiring tasks
- Negotiate with recruitment agencies for better rates
5. Employee retention rate
The percentage of new hires who remain with the company for a certain period, typically one year
What good looks like for this metric: 85-90%
Ideas to improve this metric- Implement robust onboarding programmes
- Foster a positive work environment
- Offer competitive benefits and salaries
- Provide opportunities for career growth
- Conduct exit interviews to identify reasons for turnover
Metrics for Hotel Performance Goals
1. Overall Experienced F&B
Measurement of guest satisfaction with food and beverage experience on a scale of 1 to 10
What good looks like for this metric: Above 8
Ideas to improve this metric- Collect regular guest feedback
- Enhance menu diversity
- Improve food presentation
- Train staff on customer service
- Conduct quality control checks
2. Brand Audit
Comprehensive review of brand standards and operational adherence resulting in a pass/fail
What good looks like for this metric: PASS
Ideas to improve this metric- Review brand standards regularly
- Conduct internal audits
- Invest in staff training
- Enhance guest interactions
- Implement corrective actions swiftly
3. Breakfast Food Quality
Assessment of guest satisfaction with breakfast food quality on a scale of 1 to 10
What good looks like for this metric: Above 7
Ideas to improve this metric- Source high-quality ingredients
- Update breakfast menu frequently
- Solicit guest feedback
- Train kitchen staff
- Implement regular taste testing
4. Cost per Cover
Average cost incurred per guest dining experience
What good looks like for this metric: Varies; targeted for reduction
Ideas to improve this metric- Analyse pricing models
- Reduce food waste
- Optimise purchasing strategies
- Streamline kitchen processes
- Monitor portion sizes
5. Revenue Growth
Percentage increase in revenue over a specified period
What good looks like for this metric: Industry average is around 5-10%
Ideas to improve this metric- Enhance upselling techniques
- Introduce new services or products
- Improve marketing strategies
- Strengthen customer loyalty programs
- Evaluate pricing strategies
Metrics for Recruitment and inclusion
1. Time to fill
Average number of days taken to fill a job vacancy from when it was posted until an offer is accepted
What good looks like for this metric: 30-50 days
Ideas to improve this metric- Streamline the interview process
- Utilise automated applicant tracking systems
- Refine job descriptions
- Leverage recruitment agencies
- Enhance employer branding
2. Offer acceptance rate
Percentage of job offers accepted by candidates out of the total offers made
What good looks like for this metric: 85-95%
Ideas to improve this metric- Ensure competitive compensation packages
- Improve the candidate experience
- Communicate career growth opportunities
- Engage with potential hires pre-offer
- Conduct market research on industry standards
3. Employee retention rate
Percentage of employees who remain with the company over a specified period
What good looks like for this metric: 85-90% annually
Ideas to improve this metric- Enhance onboarding processes
- Implement employee engagement initiatives
- Offer continuous training and development
- Foster a positive work culture
- Provide clear career advancement paths
4. Diversity ratio
The ratio of employees from diverse backgrounds compared to the total workforce
What good looks like for this metric: Varies by industry and location
Ideas to improve this metric- Create inclusive hiring practices
- Support employee resource groups
- Offer unconscious bias training
- Monitor and report on diversity metrics regularly
- Engage with diverse recruitment sources
5. Employee engagement score
Measurement of how engaged and satisfied employees are with their work environment
What good looks like for this metric: 65-85%
Ideas to improve this metric- Conduct regular employee surveys
- Act on feedback received from employees
- Implement work-life balance initiatives
- Encourage open communication
- Recognise and reward employee contributions
Metrics for Design Evaluation
1. User Satisfaction Score
Measures how satisfied users are with the design, typically collected through surveys or feedback forms
What good looks like for this metric: Above 75%
Ideas to improve this metric- Conduct usability testing regularly
- Gather user feedback and implement changes
- Improve aesthetics and functionality based on feedback
- Ensure the design is intuitive and easy to navigate
- Enhance visual appeal through modern design trends
2. Conversion Rate
The percentage of users who take a desired action, indicating the effectiveness of design elements in driving user actions
What good looks like for this metric: 2% to 5%
Ideas to improve this metric- Simplify navigation to increase user flow
- Ensure call-to-actions are clear and motivating
- Use persuasive design elements and language
- Test different design variations and iterate
- Optimise loading speed to reduce user frustration
3. Time on Page
Average duration users spend on a page, reflecting engagement levels with the design
What good looks like for this metric: 2 to 3 minutes
Ideas to improve this metric- Enhance content relevance and quality
- Implement engaging multimedia elements
- Improve readability through better typography
- Create purposeful and structured layouts
- Ensure content addresses user needs effectively
4. Bounce Rate
Percentage of visitors who leave after viewing only one page, indicating initial engagement or dissatisfaction
What good looks like for this metric: 26% to 40%
Ideas to improve this metric- Enhance landing page design
- Ensure content matches user expectations
- Improve page loading speed
- Add internal links and calls to action
- Use analytics to identify high exit pages
5. Accessibility Compliance
Assessment of how accessible the design is for users with disabilities, ensuring a wider audience reach
What good looks like for this metric: WCAG 2.1 Level AA compliance
Ideas to improve this metric- Conduct an accessibility audit
- Use proper HTML tags for structure
- Ensure colour contrast is sufficient
- Provide alternative text for images
- Make all functionalities accessible via keyboard
Metrics for Frontend Development Skill Assessment
1. Code Quality
Assesses the readability, structure, and efficiency of the written code in HTML, CSS, and JavaScript
What good looks like for this metric: Clean, well-commented code with no linting errors
Ideas to improve this metric- Utilise code linters and formatters
- Adopt a consistent coding style
- Refactor code regularly
- Practise writing clear comments
- Review code with peers
2. Page Load Time
Measures the time it takes for a webpage to fully load in a browser
What good looks like for this metric: Less than 3 seconds
Ideas to improve this metric- Minimise HTTP requests
- Optimise image sizes
- Use CSS and JS minification
- Leverage browser caching
- Use content delivery networks
3. Responsive Design
Evaluates how well a website adapts to different screen sizes and devices
What good looks like for this metric: Seamless functionality across all devices
Ideas to improve this metric- Use relative units like percentages
- Implement CSS media queries
- Test designs on multiple devices
- Adopt a mobile-first approach
- Utilise frameworks like Bootstrap
4. Cross-browser Compatibility
Ensures a website functions correctly across different web browsers
What good looks like for this metric: Consistent experience on all major browsers
Ideas to improve this metric- Test site on all major browsers
- Use browser-specific prefixes
- Avoid deprecated features
- Employ browser compatibility tools
- Regularly update code for latest standards
5. User Experience (UX)
Measures how user-friendly and intuitive the interface is for users
What good looks like for this metric: High user satisfaction and easy navigation
Ideas to improve this metric- Simplify navigation structures
- Ensure consistent design patterns
- Conduct user testing regularly
- Gather and implement user feedback
- Improve the accessibility of designs
Metrics for IT Department Efficiency
1. Incident Response Time
The average time it takes for the IT department to respond to an incident after it is reported.
What good looks like for this metric: 30 minutes to 1 hour
Ideas to improve this metric- Implement automated alert systems
- Conduct regular training sessions
- Set up a 24/7 support team
- Streamline incident escalation processes
- Utilise incident management tools
2. First Contact Resolution Rate
The percentage of IT issues resolved during the first contact with the user.
What good looks like for this metric: 70% to 80%
Ideas to improve this metric- Enhance self-service tools and resources
- Improve knowledge base quality
- Conduct specialised training for support staff
- Implement a feedback loop for continuous improvement
- Use advanced diagnostic tools
3. System Uptime
The percentage of time that IT systems are operational and available for use.
What good looks like for this metric: 99% to 99.9%
Ideas to improve this metric- Regularly update and patch systems
- Implement high availability solutions
- Conduct regular system monitoring
- Perform routine maintenance checks
- Use redundant systems
4. User Satisfaction Score
The average satisfaction rating given by users after IT services are provided.
What good looks like for this metric: 4.0 to 4.5 out of 5
Ideas to improve this metric- Offer regular customer service training
- Obtain user feedback and act on it
- Enhance communication channels
- Implement a user-friendly ticketing system
- Provide regular updates to users
5. Mean Time to Repair (MTTR)
The average time taken to fully repair an IT issue after it is reported.
What good looks like for this metric: 2 to 4 hours
Ideas to improve this metric- Improve diagnostic procedures
- Use automated repair tools
- Maintain an updated inventory of spare parts
- Enhance collaboration between IT teams
- Conduct thorough post-incident reviews
Metrics for Small Team Design KPIs
1. Design Completion Rate
Percentage of design projects completed within the set timeline.
What good looks like for this metric: 80-90%
Ideas to improve this metric- Set clear deadlines
- Prioritise tasks effectively
- Allocate resources based on project demands
- Conduct regular progress reviews
- Eliminate unnecessary tasks
2. Quality Assurance Score
Average score of design quality based on stakeholder feedback.
What good looks like for this metric: 8/10
Ideas to improve this metric- Regularly solicit feedback
- Implement design best practices
- Encourage continuous learning
- Use peer reviews
- Incorporate client feedback effectively
3. Client Satisfaction Rate
Percentage of clients satisfied with the delivered designs.
What good looks like for this metric: 85-95%
Ideas to improve this metric- Maintain open communication with clients
- Ensure designs align with client objectives
- Address client concerns promptly
- Deliver value beyond expectations
- Cultivate strong client relationships
4. Revision Rate
Number of revisions required before final client approval.
What good looks like for this metric: 1-2 revisions
Ideas to improve this metric- Set clear design briefs
- Confirm client requirements before starting
- Communicate progress frequently
- Validate design elements early
- Analyse past revisions to avoid repeat mistakes
5. Design Time Efficiency
Average time spent on each design project.
What good looks like for this metric: 40-60 hours per project
Ideas to improve this metric- Utilise design templates
- Automate repetitive tasks
- Optimise team workflows
- Conduct time audits
- Invest in time-saving tools
Metrics for Automation in Business Units
1. Process Automation Rate
Percentage of business processes currently automated compared to the total processes possible
What good looks like for this metric: 20-30%
Ideas to improve this metric- Conduct a thorough process audit
- Identify repetitive manual tasks
- Leverage robotic process automation tools
- Invest in staff training for technology adoption
- Establish clear automation goals
2. Time Saved Through Automation
Amount of time saved as a result of implementing automation in business processes
What good looks like for this metric: 10-50% time reduction
Ideas to improve this metric- Analyse current process time expenditures
- Prioritise automation of most time-consuming tasks
- Collaborate with departments to streamline processes
- Continuously measure time savings
- Optimise processes post-automation
3. Cost Reduction Due to Automation
Financial savings accrued from reducing manual labour and errors via automation
What good looks like for this metric: 15-30% cost reduction
Ideas to improve this metric- Assess cost structures before automation
- Focus on high-cost processes for automation
- Use cost-effective automation solutions
- Regularly evaluate cost savings
- Scale successful automation projects
4. Error Reduction Rate
Decrease in errors in business processes as a result of automation
What good looks like for this metric: 30-70% reduction in errors
Ideas to improve this metric- Identify error-prone processes
- Use high-accuracy automation technologies
- Implement continuous error monitoring systems
- Train employees on new automated systems
- Review error rates regularly to refine processes
5. Employee Satisfaction with Automation
Degree to which employees are satisfied with the automation tools and their impact on work
What good looks like for this metric: 70-85% satisfaction rate
Ideas to improve this metric- Conduct employee satisfaction surveys
- Provide comprehensive training sessions
- Encourage employee feedback on automation tools
- Create a support system for employees
- Highlight benefits of automation to employees
Metrics for Container Movement Tracking
1. On-time Arrival Rate
Percentage of containers arriving at the port on schedule
What good looks like for this metric: 95%-99%
Ideas to improve this metric- Automate scheduling notices
- Use real-time tracking tools
- Coordinate with logistics partners
- Optimise route planning
- Implement contingency protocols
2. Container Dwell Time
Average time containers remain at the terminal before offloading
What good looks like for this metric: 2-3 days
Ideas to improve this metric- Upgrade processing systems
- Streamline customs procedures
- Enhance coordination with transport
- Schedule timed offloading
- Implement penalty charges for delays
3. Container Utilisation Rate
Percentage of container space effectively used during transport
What good looks like for this metric: 80%-85%
Ideas to improve this metric- Conduct regular audits
- Implement container sharing
- Evaluate cargo plans
- Invest in container optimisation software
- Train staff on best loading practices
4. Compliance Incidents
Number of compliance-related issues reported in container tracking
What good looks like for this metric: 1-2 per quarter
Ideas to improve this metric- Conduct regular staff training
- Update compliance protocols
- Implement an incident reporting system
- Review past incidents for trends
- Foster a culture of transparency
5. System Uptime
Percentage of time the Trutrack system is operating without issues
What good looks like for this metric: 99%-99.9%
Ideas to improve this metric- Schedule regular system maintenance
- Use reliable servers
- Ensure adequate IT support
- Implement redundancy measures
- Monitor system performance continuously
Metrics for Internal Auditor Performance
1. Audit Completion Rate
The percentage of planned audits completed in a given period
What good looks like for this metric: 90%-95% completion rate
Ideas to improve this metric- Set clear priorities for audits
- Allocate resources effectively
- Enhance time management skills
- Streamline audit processes
- Regularly review audit plans
2. Number of Findings per Audit
Average number of findings identified during each audit
What good looks like for this metric: 2-5 findings per audit
Ideas to improve this metric- Improve risk assessment techniques
- Incorporate data analytics in audits
- Enhance auditor training programmes
- Focus on high-risk areas
- Use checklists to standardise audits
3. Implementation Rate of Audit Recommendations
Percentage of audit recommendations implemented within the agreed timelines
What good looks like for this metric: 80% implementation within 90 days
Ideas to improve this metric- Ensure recommendations are actionable
- Engage with auditees to understand constraints
- Follow up regularly on recommendations
- Provide practical solutions
- Prioritise high-impact recommendations
4. External Audit Discrepancy
Comparison between internal audit findings and external audit findings
What good looks like for this metric: Less than 5% discrepancy
Ideas to improve this metric- Align internal audit focus with external audits
- Improve coordination with external auditors
- Regularly update auditing standards
- Review and improve audit documentation
- Provide sufficient training to internal auditors
5. Audit Cost Efficiency
Cost of auditing per audit presented as a value component to business value
What good looks like for this metric: $5,000-$10,000 per audit
Ideas to improve this metric- Implement cost-saving technologies
- Opt for risk-based audit planning
- Streamline the audit process
- Utilise a hybrid auditing team (internal and external)
- Automate repetitive tasks where possible
Tracking your Efficiency metrics
Having a plan is one thing, sticking to it is another.
Having a good strategy is only half the effort. You'll increase significantly your chances of success if you commit to a weekly check-in process.
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
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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