An ability to hire and manage employees remotely is becoming a competitive advantage these days[1]. More highly qualified talents prefer to work remotely to achieve a better work-life balance. How do you find the right employees? How do you manage remote teams? What KPIs will help to track the performance?
Learn how to use McKinsey’s Three Horizons Model for top level planning of business growth and innovation. Before, we discussed strategy map as a framework for the articulation of the innovation strategy. What about other popular frameworks? They certainly help to organize high-level thoughts about innovations and formulate a bird’s-eye
Find the detailed analysis of the best KPIs for HR including hire, retention, and ROI metrics. Learn how to describe and execute talent strategy with HR Balanced Scorecard. Part 1. HR Hire KPIs Learn about the metrics used to focus the hiring process. Read more > Part 2. HR Retention
Let BSC Designer check the quality of your strategy map. The software will analyze your strategy map automatically and suggest some improvements. How to Get Quality Score Calculated To use the Strategy Quality Score, follow these steps: Sign into your account at BSC Designer Online or create a free one
Diverse teams with engaged talents are more innovative, understand customer needs better, and drive financial results. Let’s discuss how to combine various ideas about diversity and inclusion into a coherent strategy. Key topics of the article: The definitions: diversity and inclusion Four reasons why diversity and inclusion is important D&I
Making a decision implies several steps, from analysis of the situation to formulating an action plan. Let’s see how a data-driven decision is different from just making things happen. Key topics of the article: Why do we need data-driven decisions? Key features of data-driven decisions Alternatives: KPI-driven management, Big Data
Review of the prioritization frameworks that help to make data-driven strategic choices by defining a priorities model and calculating priority score. In strategic planning, prioritization starts with defining the high-level strategic themes that work as pillars for the rest of the strategy. What about making choices on lower levels? After
Learn how to track and improve the effectiveness of project management with KPIs. Use performance metrics to demonstrate the value of the project to the stakeholders. Key topics of the article: “Projects” and “Initiatives” – what’s the difference? Project management: why measure, and who are the stakeholders? KPIs for project
What procurement KPIs should the board of directors monitor? What metrics should be on the dashboard of the procurement department to measure and improve their performance? Part 1. Introduction to procurement Stakeholders Process Fiver “rights” Challenges Part 2. Strategy scorecard for procurement Financial KPIs and ROI Metrics for internal customers
An example of the performance management framework for online events that focus on how to satisfy customer needs and drive required business results. Before, we discussed KPIs for in-person or off-line events. Most of those metrics can be applied to the online format as well, but there are some nuances:
