Say ‘Yes’™ to Key Performance Indicators (KPIs) Because Guess Work is for Dummies!
Who is the most valuable person on your staff? That person is probably the most consistently dependable team member; one who delivers concise, accurate information every time. When it comes to business intelligence (BI), the same principle holds true!
You want a BI solution that provides integrated, dependable, accurate, measurable, concise information. Before you make a decision about your company, you need to be sure you have the information to make a GOOD decision! You need to consider data from data warehouses, data marts, ERP, best-of-breed apps, CRM, legacy systems, data bases, and spreadsheet. Then you have to create metrics to objectively assess and understand results.
How am I doing now and what do I need to change to make things better? Key Performance Indicators (KPIs) allow you to set boundaries and objectively measure results to see what strategies and tasks are helping the company and which strategies and processes you need to change. KPIs give you a complete picture of plan vs. actual results. Everyone can share in cascaded strategies, goals and objectives, and KPI metrics can be established with meaningful measurements for every role and function.
Manage, organize, filter and analyze information from disparate data sources to view accurate data and detailed measurements. Remember that person you identified as the most valuable person on your staff? Ask them and they’ll tell you: GUESS WORK IS NOT VALUABLE!