Understanding key performance indicators, or KPIs, are essentials in business. They give you a measurable and reportable way to tell whether your department is meeting expectations, or if you could be more efficient! In this lesson, you’ll discover how to use statistics to develop key performance indicators and ultimately, increase revenue and profit.
WHAT YOU WILL LEARN
- How to calculate your department profit and loss using a P&L statement
- Key statistics and performance indicators found on a P&L
- How to manipulate results and drive profit
This course is aimed at non-finance managers looking to develop their professional and personal skills in the field of hospitality finance.
Al Amin is the Director of Finance for Marriott International.