Free Business Intelligence Practice Tests - BI Dashboard
The Key Performance Indicator is technology uses metric calculation to measure how well an organization performing as both individually and as in competitive market. It also measure the strategically, tactical and operational performance which is critical for current and future success of the organization.
Charactersitc Of Good KPI
- Actionable
- Align with business goal effectively.
- Improvement of one measurement of the organization doesn’t hamper the other measurements.
Best Practice To Impliment KPI
- Don’t over design KIP, a monthly generation of KPI is sufficient for organization performance measure.
- Use KPI effectively, check weather it is interfering in other activities or not.
- Never measure KPI for activity you which your organization never going to fix or don’t care about those activities.