Framework and Context and Steps for Implementing a KPI Program
A beginner’s mistake is to fill KPI programs with as many KPIs as possible to cover any situation or contingency no matter the relevance or importance. To launch an effective business analytics/KPI program, an organization must decide on what really matters and which methods of data collection and analysis provide the best problem-solving answers. Convention centers already collect a great deal of data, but it has to be organized and weighed before deciding which data are to be integrated into a KPI program.
Knowing the demands on management time, how can KPIs be crafted into logical and workable segments? KPIs need a framework or context that is familiar to employees already. ...
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