Question: TechWave's revitalisation strategy will be rigorously evaluated using the following key performance indicators ( KPIs ) : Customer Retention Rate: Target a 1 0 %
TechWave's revitalisation strategy will be rigorously evaluated using the following key performance
indicators KPIs:
Customer Retention Rate: Target a increase in customer retention rate within the first
two years of strategy implementation.
Mean Time to Repair MTTR: Aim to reduce our average network outage resolution time
by within the first year.
Customer Satisfaction Index CSI: Achieve an Customer Satisfaction Index within
three years.
Operational Efficiency OpEx: Target a reduction in operational costs over the next
three years through inventory optimization, predictive maintenance, and workforce efficiency
gains.
Innovation Index: Develop an internal innovation index to track progress in developing and
launching new technologies, products, and services.
Environmental Sustainability: Target a reduction in our carbon footprint over the next
five years through energyefficient infrastructure upgrades, renewable energy sourcing, and
waste reduction initiatives. Evaluate the appropriateness of the selected KPIs for monitoring performance at Techwave.
Suggest and justify TWO additional KPIs that could complement these measures.
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