Learn how to measure leadership effectiveness with KPIs grouped into three perspectives – Strategy, Team, and Leader’s Growth. Key topics of the article: Definition of leadership Is Leadership Measurable? Framework to assess leadership effectiveness Perspective 1 – Strategy Perspective 2 – Team Perspective 3 – Growth Technical setup for KPIs Executive summary Definitions of Leadership … Read more
Master your KPI-finding skills: learn what KPIs are, use template to come up with the best ones, get inspired by examples from a long list of indicators. Key Topics: Introduction to KPIs – What is a KPI? Why use KPIs? Feeding vs. Teaching to Fish – Why standard KPIs don’t work KPI Template – 12 … Read more
The way the complexity is perceived by customers defines whether your product or service will be a success or not. In this article, we’ll discuss how to find indicators of complexity and align them with business context. The “Complexity” Term Let’s start with the term itself. The definition of complexity depends on the domain and … Read more
Understanding the difference between leading and lagging indicators is important for successful performance measurement. This time the users of BSC Designer helped us to define the main theme for the article by asking excellent questions. Thank you for that! Here are key topics: The difference between leading and lagging indicators What are good leading metrics … Read more
Learn how to align big data initiatives with the strategy of your organization, and validate your efforts with Key Performance Indicators. Key topics of the article: What is Big Data? Challenges of Big Data KPIs and Big Data Focus Big Data Make Big Data Measurable Automation with BSC Designer The end of the year is … Read more
Good KPIs take into account business context, predict success, show early warning signals, validate achieved results, and for sure, they are accepted by your team. This time-proven system will guide you step-by-step towards excellent KPIs that are right for your business. The steps of the system are not presented in hierarchical order. Instead, I’m following … Read more
As with any other business tool, Key Performance Indicators have disadvantages, one of them is a possible misuse of KPIs. You set up some good metrics, but soon you find out that your employees have found a way to game the system. Instead of doing what you expect them to do, they have found a … Read more
Finding and implementing good performance metrics is a tough task. There are some good examples of simple metrics, but when it comes to something less tangible the task to find a good indicator looks like an impossible one, but actually it is not. This system is a step-by-step approach to find and deal with the … Read more
Properly designed risk framework supports risk discussion in your company. It combines indicators that allow estimating risk probability, risk impact, and risk control actions. Here are the key topics of the article: Risk definition KRI vs. KPI KRI template The list of popular KRIs GRC software: KRIs in BSC Designer KRIs are not that different … Read more
Introduction to the scorecard and KPIs calculations: Terms and definitions: metric, indicator, KPIs, scorecard Qualitative and quantitative indicators How to normalize metrics? How to use metric’s weight for calculations? How to calculate the leading and lagging indicators, goals’ performance, and total scorecard index. What is The Right Term: KPI, Indicator or Metric? From a business … Read more