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The Role of Measuring Inputs and Outputs

conversations profitwithoutpills Apr 27, 2023

In the business world, inputs and outputs are crucial concepts that refer to the actions taken by people in a business and the resulting outcomes, respectively.

In this episode, Richard Stone emphasizes the significance of measuring both inputs and outputs. The discussion covers the following:

-Defining inputs and outputs in business and their relationship
-Key performance indicators (KPIs) used to measure business success
-The need to measure and manage outcomes effectively
-Measuring the value of a business and its performance
-Measuring customer retention and profitability as KPIs
-Identifying key areas for improvement in a business through performance measurement.

Listen in to gain valuable insights on measuring inputs and outputs in your business and maximizing your success.

The Health-prenuers Guide

Coming Soon!

I'm on an exciting journey with my book, taking it back to the good old days when books were served up in newspapers, piece by piece. I'm crafting circa 500 words a day and sharing it with all of you.

Now, this book is for you if you've ever had a brilliant idea or a vision for your own healthcare business or perhaps you want to revitalise your existing service, but you're stuck, not sure how to confirm if there's a market for your idea or how to bring your vision to life.

Let's embark on this journey together