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ChristianSteven Software Business Intelligence Blog

The History Of KPIs And Their Rise To Popular Use Today

What are key performance indicators? At the most basic level, they are a metric (a measurable value) that allows you to gain an accurate idea of how well your company is doing. It is a way for you to measure the performance of your company and its progress towards your objectives. For your business to be successful, you need to implement KPIs at different levels and in different departments. From process-oriented KPIs to those that measure the performance of your company as a whole, each one is unique and important. Where did they come from, and why are they so popular today? These are some of the questions you can expect to be answered below.

Topics: KPI key performance indicators kpis key performance indicator KPI Trackers KPI Creation kpi dashboard kpi dashboard software balanced scorecard

How To Use The SMART Criteria To Determine KPI Relevance

Do you set KPIs for your employees? Your business is only as good as the progress it makes towards its goals. If you aren’t setting and defining good KPIs for your company and employees, you’re endangering the success of your business in the short-term and the long-term. Using SMART criteria to determine the relevancy, effectiveness, and attainability of your KPI allows for better decision-making. This article seeks to show you how using the SMART mnemonic helps you set goals.

Topics: KPI kpis KPI Trackers KPI Dashboards KPI Creation kpi dashboard kpi dashboard software smart criteria

Top 25 KPI's You Can Dashboard To Help Run Your Business

It's never been more important to measure and guide the progress of your business using KPI's or Key Performance Indicators. The glut of data out there can lead to analysis paralysis without an appropriate framework of KPI's to guide you. At the same time, KPI's should be there to guide your progress of setting up systems and processes that will create a long-term business competitive advantage, rather than be the end in itself.

Topics: KPI Dashboard key performance indicator kpi dashboard kpi dashboard software