Social psychologists have developed several theories for explaining the ways in which the psychology of a crowd differs from and interacts with that of the individuals within it. Major theorists in crowd psychology include Gustave Le Bon, Gabriel Tarde, Sigmund Freud, and Steve Reicher.
KPIs â The Truth Is in the Numbers, Ignore Them at Your Own Peril. KPI stands for âKey Performance Indicatorâ and is a mechanism by which individuals, departments, and companies may track their performance over time. A good baseline understanding and ongoing tracking of relevant performance metrics is needed to ensure that performance does not slip into mediocrity.
KPIs allow companies to stay on track when it comes to reaching strategic and operational goals. The indicators must always be concrete and never vague. In order to define such specific and valuable KPIs, business professionals must have a clear understanding of the company's mission, vision and goals. Usually, a company's KPIs hold an important place in annual reports. Learn more about Business Resources